What is a property condition report?
| This is a report that is compiled at the commencement of a tenancy prior to the tenant moving into the property. This report outlines the condition of the property at the commencement of the tenancy and is used when the tenant vacates to ensure that the property is left in the same condition. This is the last inspection carried out after the end of a tenancy, when the tenants have returned their keys. The Property Condition Report is used at this inspection and each item is checked off to make certain that the property is in the same condition as when the tenant took possession. It is at this inspection that any items that need to be rectified by the tenant are identified. |
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What is a Routine Inspection?
| Routine inspections are conducted after a tenant takes possession of the property. The first inspection is carried out after three months. Thereafter, subsequent inspections are carried out every six months. These inspections are essential to ensure that your property is being maintained to an acceptable standard and to identify any maintenance that may be required. A copy of the routine inspection report is forwarded to you after each inspection and should it be necessary, a member of the McDonald Partners Property Management Team will contact you to discuss items noted on the report. |
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What happens when a tenant stops paying rent?
| When a tenant falls behind in their rental payments, they are issued with a notice of breach advising them that they are behind in payments and requesting that they rectify the problem. If this is not done within the stipulated time period, then a termination notice is issued requiring that the tenant vacate the premises unless the full amount of rent owing is paid. |
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How do tenants pay their rent?
| Tenants have several options to pay their rent, leaving no excuse for late payments. - By cheque or money order - Internet Banking through their chosen financial institution - Direct debit from their nominated bank account, we will supply the tenant with our account details to arrange an automatic transfer. |
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When does the rent money get paid into my account?
| At the end of every month all monies held, unless instructed otherwise, is paid to you by way of direct debit to your nominated bank account. A statement is issued at the same time outlining the debits and credits for that month. You can also receive payments mid-month if you wish. |
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