Landlord
A landlord is the owner of the property that is being rented or is available to rent.
A landlord is the owner of the property that is being rented or is available to rent.
A lease is the common term for a Residential Tenancy Agreement.
An open inspection is a specific time and date for potential buyers or renters to inspect and walk through a property. The date and time is set by the real estate agent or property manager and advertised publicly, normally on the property listing.
A personal reference is a letter or statement that vouches for a rental applicant to meet commitments involved in renting a property such as paying rent on time, taking care of property, and meeting obligations as set out in a Residential Tenancy Agreement. The purpose of a reference is to provide the property manager or landlord with information so that they can decide the best applicant to look after their property.
The Private Rental Assistance Program is run by the Government of South Australia and provides financial assistance to eligible customers who either have difficulty meeting the upfront costs associated with renting privately or need help to maintain their home.
A property condition report (or ingoing inspection report) is a document given to the tenant at the commencement of the tenancy that records the general state of repair and condition of the rental property on a room-by-room basis, including fittings and fixtures.
A property manager is engaged by the landlord to manage the day to day running of their property. They ensure both the tenant and the landlord are upholding their obligations as set out in Residential Tenancy Agreement (between the tenant and the landlord) and Management Agreement (between the landlord and the property manager). A property manager must work within the current legislation as stated in the Residential Tenancy Act of SA 1995.
A rental reference is a written declaration from previous landlord/s stating the rental history of a particular person from the landlord’s point of view. This will normally include what they know about the person, whether rent was paid on time, and what to expect of the person as a tenant. The landlord uses this information to identify which applicant will maintain their property in line with the tenancy agreement.
Also known as a lease, a Residential Tenancy Agreement is normally in writing and signed by both the tenant and the property manager (or landlord).
The Landlord or Property Manager may carry out a periodic inspection of a rental property to ensure it is being maintained in a clean and tidy manner, there is no malicious damage, and the tenant is upholding their obligations as stated on the Residential Tenancy Agreement.