You work for Entry Real Estate and are leasing the property 44 Down Street, Down Town. This
Question:
You work for Entry Real Estate and are leasing the property 44 Down Street, Down Town.
This is an unfurnished two bedroom house with a separate single garage. This property has a large, fully fenced back yard. The lease is currently $500 per week.
George Hoffer is the landlord and the property is available immediately for tenants to move in. George has advised that he is happy for the tenants to keep pets on the premises and given the close proximity to the local Universities, he is happy for a student to lease the property. However, he has requested frequent routine property inspections and open communication with the tenant.
When discussing this property with potential tenants what are three (3) points that you will ensure you raise with them before they submit an application?
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In regards to George's request for frequent routine inspections: Legislation dictates that a rental property can only be inspected a certain amount of times per year. Draft an email to George explaining this legislation and how often it means he will be able to inspect the property.
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Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill