Know Your Rights: As a tenant in NSW, it's crucial to know your rights to ensure a fair and transparent renting experience. Landlords or agents cannot charge you for preparing a lease, an additional bond for pets, or for providing extra property keys. Understanding your rights empowers you to advocate for yourself and avoid unnecessary fees or charges.
What You Will Be Given: When signing a lease, the landlord or agent is required to provide you with several documents to ensure transparency and clarity. These documents include:
The tenant information statement
The tenancy agreement (lease)
The condition report
The by-laws, if the property is in a strata scheme
These documents provide important information about your rights and obligations as a tenant, as well as details about the property and its condition.
What the Lease Includes: The lease agreement is a legally binding document that outlines the terms and conditions of your tenancy. Some of the key details included in the lease are:
The names of all tenants
Start and end dates of the tenancy
The amount of rent and when it is due
The process for requesting repairs and maintenance
Whether pets are allowed on the property
Notice periods for ending the lease
Any deposits or fees required upfront
It's essential to thoroughly review the lease agreement and ensure you understand all the terms and conditions before signing. If you have any questions or concerns, don't hesitate to seek clarification from the landlord or agent.
Signing a lease agreement in NSW is a significant step in the renting process, and it's important to approach it with knowledge and awareness of your rights and responsibilities. By understanding what to expect when signing the lease and carefully reviewing the terms and conditions outlined in the agreement, you can ensure a smooth and successful tenancy experience. Remember, knowledge is power, so take the time to educate yourself and advocate for your rights as a tenant in NSW.
Learn more about starting a lease at NSW Fair Trading.