BUSINESS

Property Management Specialists Explain Tenancy Agreements

Monday 6 May 2019, 7:20PM
By Beckie Wright
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Sarah Pewhairangi, the owner of Property Management Specialists, has a vested interest in making certain that the management of your property is a smooth and stress-free experience, and here she explains Tenancy Agreements. As a qualified expert trained at the Real Estate Institute of Queensland (REIQ), Sarah has managed and built large portfolios for a number of property management firms including Ray White, LJ Hooker, and Remax over the years. Her experience and expertise are second to none, making her one of Queenstown's top property managers.

Sarah explains what you need to tell tenant/s before they move into the property, going through all of the most important expectations. For example, how they must pay their rent on time, where to pay their rent, what the manager will do if they do not pay their rent. They also discuss their repairs and maintenance policy, what happens in an emergency repair situation, how often inspections occur and what the inspector looks for.  They then provide them with a “Tenant Kit” folder which contains all relevant information i.e. Electricity and Telephone provider contact details and who to contact in an emergency.

They then prepare a Tenancy Agreement covering the details of the tenancy, with terms and conditions, and explain the main parts of the agreement to the tenant before getting them to sign it. They provide the tenant with a copy of the tenancy agreement and explain where the bond is lodged and get them to sign the Bond Lodgment Form.

After all the forms have been explained and signed, all bond monies and the first payment of rent received, commencement inspection is conducted with the tenant/s present. The water meter is read, photos are taken and  they then provide them with keys and possession of the property. They also supply the tenant with a copy of the commencement inspection report, which is signed by both parties.

Sarah's personal mission is to provide her clients with exceptional service every day while always striving to exceed their expectations, so for more information on property management Queenstown, Queenstown real estate agents and commercial property Queenstown please go to http://www.propertymanagementspecialists.co.nz .