You are required to pay for the Water Consumption however the Tenant is required to reimburse you. Rental IQ will pay your Water Consumption account from your rental funds and we will invoice the Tenant who will reimburse you.
You have the final say in the Tenant selection process.
End of month is run on the last business day of every month. You should receive your rental funds by the next business day.
If the property is presented well, priced correctly and marketed well your property should lease within two weeks from the first home open.
Your Tenant will be issued with a Termination Notice if their rent is more than two days late. If this notice expires and the amount has still not been paid in full, we will apply to court for Termination of the Lease.
Before the Tenant moves into your property a very detailed Property Condition Report is written and many photographs are taken to verify the written report. Once the Tenant signs this report it forms conclusive evidence to the state of the property at the commencement of the Tenancy. The Tenant is expected to leave the property in the same condition as detailed in this report, aside from fair wear and tear. If the Tenant does not leave the property in the same condition a mutual agreement is reached with the Tenant to take funds from the Bond to cover the damage or if no mutual agreement is reached we have grounds to apply to court to seek funds from the Tenant and/or the Bond to pay for damages.