When dealing with Property Management you must have a thorough understanding of the RESIDENTIAL TENANCIES ACT 1986. This is a highly specific aspect of real estate. It is fraught with the danger of litigation in almost every function you complete.
A competent Property Manager continually increases their knowledge of insurance requirements, changes to
legislation and industry trends to ensure all clients gain the highest level of service at all times.
Yes, the tenant could sue you if you conduct yourself outside the Residential Tenancies Act!
Asking the right questions and getting the right answers before you put someone in the property can save untold heartache and frustration, not to mention money.
Did you realise if you have not you may be liable for a fine?
Have the correct notices been issued and have enough days been allowed in the calculation of dates? If not, your notices may be totally invalid and you will have to start the procedure all over.
The procedure must be precise. If you make mistakes it will cost you dearly.
Do you know the correct procedure, the right notices to issue and the correct time frames? Are your people skills effective in getting what you want?
The Tenancy Tribunal has a range of procedures that must be followed dependant on what goods are left at the property. Additionally, if you enter the property when possession has not been given you could end up risking any compensation you may have been entitled to: not to mention any penalties that may be imposed due to the breach of the Residential Tenancies Act 1986.
At what point do you go to the Tenancy Tribunal, how do you get the Bailiff involved, do you have Landlords Special Risk Insurance, will the national tenancy database assist in your debt recovery?
If it is not a precise record then it may have little or no value if needed for evidence.