Here’s a straightforward guide to help you through the process:
Complete the Tenancy Paperwork:
This is the foundation of a successful tenancy. You’ll need to prepare and sign the tenancy agreement, which outlines the terms and conditions of the tenancy, including rent, duration, and other important details.
Bond Lodgement Form:
Alongside the tenancy agreement, you should complete a bond lodgement form. This document is essential for legally securing the bond and should be submitted to the relevant authority in your area.
Initial Inspection Report:
Conducting an initial inspection of the property and documenting its condition ensures that both you and the tenant have a clear record. This can help manage expectations and responsibilities, and it’s vital for addressing any future disputes over property condition.
Preparing inspection reports couldn't be easier with myInspections app
Collect Payments:
Before the tenancy begins, collect the first rent payment and the rental bond. The bond is typically equivalent to a few weeks' rent (the exact amount can vary by location) and serves as security against damages or unpaid rent.
If this sounds overwhelming, don’t worry!
myRent is here to streamline the process for you. By setting up your tenancy on myRent, we can guide you through each of these steps. Our platform simplifies the paperwork, ensures legal compliance, and even assists with collecting and lodging your bond. With myRent, you’re not just finding a tenant; you’re setting up your tenancy for success from day one.
Ready to get started? Visit myRent to set up a tenancy and easily manage your tenancy paperwork and all other aspects of your new tenancy.
