o l TAFEE 7. Explain the agency processes for providing relevant building service, trades and operation for maintenance requirements in managing tenancies. (80 100 words) Information to help you to manage the property you look after. Requirements when managing property Before a tenancy agreement is signed, a managing agent must: tell the prospective tenant if the property is: planned to be sold if the landlord has prepared a contract for sale if a mortgagee {i.e. bank or other lender) is taking court action to take possession of the property. not encourage the prospective tenant to enter the tenancy agreement if the agent knows of a prescribed material fact about the rental property. It is an offence to knowingly hide a prescribed material fact to induce a tenant to sign a tenancy agreement give the prospective tenant the tenant information statement if the rental property is in a strata scheme: give a copy of the strata scheme's bylaws tell the tenant if a strata renewal committee is currently established for the scheme ensure that the landlord has read and understood the landlord information statement, and sign an acknowledgment of this on the tenancy agreement. Before or at the time the tenant signs the tenancy agreement, the managing agent must: give the tenant a copy of the tenancy agreement, filled out in the spaces provided give two hard copies or one electronic copy of the condition report the landlord or agent has completed for the property ensure that the landlord's name, the landlord 's telephone number or other contact details and the agent's name, the agent's telephone number and business address has been provided to the tenant When the tenant signs the tenancy agreement, the managing agent must give