If you manage your own property, consider asking yourself these questions:

 
  • Do you possess a thorough understanding of the Residential Tenancies Act in order to maintain a fair and professional relationship with your tenant? The tenant may be entitled to compensation if you inadvertently breach their rights.
  • Do you have a concise knowledge of The Residential Tenancies Act to effectively represent yourself in Court? The procedure must be precise. If you are ill-prepared with non-compliant documentation, invalid notice periods or lack of evidence, justice may not fall on your side. Minor mistakes may cost you dearly!
  • Do you know the right procedure when dealing with rental payment arrears? Have the correct notices been issued with the required days calculated for the notice period? If not your notices may be compromised and you may be unable to action cancellation through the Tribunal.
  • Do you know how to lodge your tenants’ bond money in accordance with current legislation and the required time frames? If you fail to comply you could be liable for heavy penalties.
  • Could you successfully terminate your tenancy and recover possession of your property without the need to go to Court?
  • Do you know the correct procedure when the tenant has absconded and abandoned goods remain at the property? The Residential Tenancies Act has a range of procedures that must be followed when goods are left at the property. Additionally, if you enter the property when possession has not been handed back you risk any compensation you may have been entitled to; not to mention any penalties that may be imposed due to the breach of the Residential Tenancies Act.
 
If you answered no to any of the above, perhaps it’s time to call in a Professional Property Manager; call us today to find out how we can help.

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