What are the Entry or Exit Condition Reports?
An Entry Condition Report is compiled at the commencement of a tenancy, prior to your tenant moving into the property. This report details the condition of the property at the commencement of the tenancy.The Exit Condition Report is completed at the exit inspection, which carried out as soon as possible after the end of a tenancy, when the tenants have returned their keys. The Exit Condition Report is then compared with the Entry Condition Report. Each item is checked off to make certain that the property is in the same condition as when the tenant took possession - allowing for fair wear and tear. It is at this time that any items that need to be rectified by the tenant are identified.
What is a Routine Inspection?
Routine inspections are conducted after a tenant takes possession of the property and are conducted every four 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 Maison Real Estate Property Management Team will contact you to discuss items noted on the report.
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 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 they vacate the premises.
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.
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 or by cheque. A statement is issued at the same time outlining the debits and credits for that month.