i) The tenancy agreement is between you (the tenant) and the owner of the property (the landlord). Premium Executive Rentals may be appointed as an agent to the landlord and will act on their behalf.
ii) The terms of the agreement describe how many tenants may live at the property and who they are, our expectations around caring for the property, if you are allowed pets and the conditions around keeping a pet and any special conditions agreed by you and the landlord.
iii) A move-in condition report forms part of the agreement. It is a photographic record of the condition of the property before you move in and records things such as existing marks or damage to walls and carpet. This report should be completed by you and the landlord and signed by both parties. In signing this you are agreeing to the condition of the property at the time you move in.
i) Bond A bond of a maximum of four weeks rent will need to be paid to the Premium Executive Rentals Trust Account before you can move into the property. This bond will be lodged with Tenancy Services and you will receive a confirmation letter from them with your bond number on it. When you leave the property the bond money will be refunded if you have left it clean and tidy and there is no damage. The refund and any deductions needs to be agreed by both you and the landlord.
ii) Rent The rent must be paid in advance, either weekly or fortnightly. Your rent will be reviewed annually and you will receive a letter telling you of any change 60 days before the change is due to be made. Your rent must be paid on time. Please call your property manager immediately if you are unable to make a payment on time.
iii) Water Water charges are billed to your landlord each month. Premium will send you an invoice for your part of the charges. A copy of the water bill will be attached so you can see your usage level.
Your property manager will inspect the property at intervals selected by the landlord. These can be no more than once a month but are usually every three or four months. You will be notified of an inspection at least 48 hours before it takes place. You do not need to be home during the inspection.
a) If you wish to end your tenancy you must give us 21 days written notice that you will be moving out. If you are on a fixed term tenancy you will be responsible for the rent payments until the end of your term unless the landlord agrees to let you out sooner than the fixed date.
b) When you leave the property there will be an out-going condition report. If there is any damage to the property at the end of your tenancy the cost of repair will be deducted from the bond. All bond deductions must be by mutual agreement.