This is an important reminder that as Managing Agents, it is our duty of care to ensure that rental properties comply with the minimum legislative standards.
This includes functioning locks, working kitchen appliances, bathrooms, heating/cooling, providing hot and cold water; adequate ventilation throughout the rooms; ensuring pools, blinds, verandas/railings, and smoke alarms are present, compliant, and serviced annually, along with ensuring that safety switches meet the electrical safety standards.
As we all know, owning an investment property has become more regulated by the governing powers and these governing powers do not just relate to the NSW Residential Act 2010. If we do advise you of any concerns regarding compliance at your property, please understand we are doing so to ensure your tenants are safe and you are safeguarded against any future legal issues.
When you sign an Agency Agreement you confirm that your property is compliant and meets minimum standards required to lease out your property.
If you require a copy of the Minimum Standards Statement by NSW Fair Trading, please feel free to contact your Property Manager.
If you have any questions, or need clarification on any of the above, please contact Anna Marten, our Head of Property Management, on 9651 1666 or anna@guardianrealty.com.au.
Important note: Clients should not rely solely on the content of this newsletter. All endeavors are made to ensure the content is current and accurate however, we make no representations or warranties as to the accuracy, reliability, completeness, or currency of the content. Readers should seek their own independent professional advice before making decisions.