There is a workaround regarding matters about maintenance and repairs, which is Form 6. For those in need of a reminder, the Form 6 stipulates the maximum value of maintenance and repairs that a Property Manager can spend without prior approval from the Landlord. This is especially useful for busy Landlords who still want to ensure their tenant’s comfort and safety.
It is recommended that the Landlord agrees to allowing the Property Manager to spend up to the equivalent of 2 weeks rent.
According to the Residential Tenancies and Rooming Accommodation Act 2008, a tenant may spend up to 2 weeks rent for repairs that are considered as emergencies.
Seeking approval prior to maintenance is deemed as a standard operating procedure for most Landlords and Property Managers. However, you will see that by using the Form 6 in the instance of maintenance will likely result in less complaints from tenants.
By setting a maintenance spend limit, the Property Manager is not under stress, your property is well-maintained and, most of all, your tenant is happy.
Stacey Lee Realty has experienced Property Managers to handle the task of maintaining your investment and ensure your investment is working for you with minimal hassles. Call us today at 07 3399 2966 or visit www.staceyleerealty.com.au