TENANT HINTS & TIPS
Tenant
When a tenancy involving more than one person is taken, there is
usually a 'prime mover' individual who is the group’s leader. Normally, this person made the initial enquiry and transaction about renting
with the landlord or managing agent.
It's important for the 'prime mover' and others to recognise that all tenants at a rental
property must sign the Residential Tenancy Agreement, which is drawn up at the start of the tenancy.
Being a signatory in the early days of a new tenancy may seem attractive. However, think
about people moving out.
When change occurs, certain steps must be taken to preserve the integrity of the
agreement.
Firstly, departing tenants must ensure, with the landlord's approval that their names are
deleted from a fixed-term tenancy which has not run it's course. This clears them from any subsequent dispute that may arise between the landlord
and remaining tenants such as property damage or rent in arrears.
For remaining tenants, there is the obligation to pay the departing fellow-tenants their
share of the rental bond. This means the rental bond board should also be notified of the change in bond ownership. There is a special form from
the rental bond board for change of shared tenancy, which is used for this purpose.
Finally, being in a shared tenancy arrangement does not preclude occupants from taking out
individual contents insurance. A policy taken for one tenant does not necessarily cover the belongings of others at the same rental property. All
things considered, contents cover is relatively inexpensive and highly recommended in a shared tenancy arrangement.
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