Ray White Urban Springs

Page 6 Tenancy Agreement You will have been provided with a copy of your lease agreement when you signed the documentation and received the keys to the property. If you believe that you have not received all of the relevant information, please contact us as soon as possible. Property condition report A Property Condition Report (PCR) will be given to you either at the time of signing the lease agreement or within seven (7) days of the commencement of your tenancy. The Property Condition Report records the condition of the property when you move in and is checked at the final inspection to ensure you leave the property in the same condition. If there is any damage, excessive wear and tear or items needing repair that have not been included on the Property Condition Report when you receive it, be sure to list them on the formwhen you return it, initial the changes or you may be held liable at the end of the tenancy. Please check through the report carefully and make any relevant notes and amendments. Please sign the report on the last page and initial at the bottom of each page. Please return this report to our office within (7) seven days of receiving it. This is legislated by the Residential Tenancies Act (RTA) and it is absolutely vital to sign/return the PCR in order to avoid any possible disputes about the condition of the property when you vacate. • Please note that if the report is not returned, we shall use the report we have on file to compare the property when you vacate. It is important that any changes are made to the report otherwise you will be responsible for the repair/damage when you vacate. A video and/or digital images will form part of the Property Condition Report, providing a more comprehensive record of the premises when you commence your tenancy. Inventory report If you are leasing a furnished property, an inventory report will be completed additional to the Property Condition Report. The inventory report is a comprehensive list of the items that are included in the lease and of their condition. You will be provided with two copies of the inventory report when signing your lease, and you are required to review the report, sign it and return one copy to us within seven (7) days, retaining the other copy for your records. Routine inspections We will carry out the first routine inspection 6 weeks after the commencement of your tenancy, and inspect at regular intervals thereafter. These inspections are not only to ensure that you are maintaining the property as outlined in your tenancy agreement, but also provide an opportunity for you to advise us of any repairs that may be required. We will notify you in writing at least seven (7) days prior to the proposed Property Inspection. Your attendance at the inspection is not necessary, however if there are any items you wish to make us aware of, please leave aMaintenance Request Form in a prominent place in the property. We will always leave a note to confirm our attendance. Security bond Lodging with the bond administrator Your bond is lodged with the Bond Administration and is held there during your tenancy. There is no interest paid on these accounts as per the Residential Tenancies Act. The names of all tenants who are on the lease agreement must be listed on the lodgement form provided to the Bond Administrator. The Bond Administrator will send a Form 1 (Record of payment of the Security Bond certificate) to you. We suggest you keep this with your lease documentation. Return of your bond At the end of the tenancy, your bond will not be released until a final inspection of the property is carried out. We will conduct the final inspection as soon as possible after you return all of the keys to our office, generally within two business days. If the property is in the same condition as it was at the beginning of the tenancy, the bond will be returned to you without delay subject to receiving the final water metre reading, if applicable. To enable the property to be re-let quickly, it may not always be possible for you to return in order to correct any areas requiring further attention. If further cleaning is required we may engage a professional cleaner and deduct the cost from your bond. To avoid this, a Cleaning Checklist will be sent to you prior to vacating the premises, advising you of what the PropertyManager will be checking at the final inspection. If there are any deductions against the bond (for cleaning, water usage, damage or rental arrears), the amount to be returned to you will need to be agreed upon before any monies can be released by the Bond Administrator. If you do not agree with the amounts claimed please discuss this with the PropertyManager in the first instance. If an agreement cannot be reached it may be necessary to make an application to the Local Court for the disposal of the bond to have the matter examined by a magistrate. Your Property Manager can give you more information on this. All tenants on the bond will receive an email with a link. Follow the instructions on the link. Each person must agree to the amount to be disposed and provide bank account details. Once all parties approve the disposal of the bond the bond is usually received to the nominated accounts within 48 hours. Outstanding rent At the end of the tenancy, any unpaid rent will be deducted from the bond before it is returned to you. You cannot however stop paying rent with the view that it will be taken out of the bond, even if it is almost the end of the tenancy as this is an offence under the Residential Tenancies Act, and carries a fine of $5,000. Further Information Bonds Administration, Department of Commerce 1300 853 829 bondsadmin@commerce.wa.gov.au www.commerce.wa.gov.au/bondsonline