Property industry forms and fees, your rights, crime, and reappointment of a property agent are listed in the form 6.
The Property Occupations Form 6 can be downloaded from the Office of Fair Trading website.You cannot act on behalf of the client until you are appointed on the PO Form 6, which must be signed by all the registered owners.A copy of the document must be given to the client.There are 10 parts and 6 pages in this form.
If you use the Realworks version of the PO Form 6 in addition to the statutory form, there is an additional 10 pages that contain a schedule and essential terms and conditions which have been drafted by a legal practitioner.There are additional documents drafted to make sure there are clear instructions given to the agent and that they are based on identified areas of risk.
The authority to arrange maintenance for the property is given by this section.Maintenance, routine and emergency are all included.If you have a zero spend limit, you can't arrange any maintenance for the client without first getting their instructions.
It is best to get instructions to spend up to two weeks worth of rent for one maintenance item.Tenants can arrange emergency maintenance up to the amount of two weeks rent if the lessor/agent does not attend the emergency repair within a reasonable time if they fail to receive such authority.
Many owners are reluctant to give the blanket instruction to spend up to this amount for any one maintenance item as they are nervous about losing control of their income.If you offer a service guarantee where you communicate to the owner when there's maintenance required on their property and confirm the action you've taken, they can anticipate the expense and budget for it accordingly.It is worth noting that some owners may prefer to use their nominated contractors rather than the tenant randomly choosing one and then seeking to be reimbursed.
The schedule and essential terms and conditions form part of the Statutory Form if you state them as an attachment in Part 9.You may need to include the Pool Annexure Disclosure or an agreed marketing schedule.
This section is for the client who wants to give their preferred contractors to the tenants for an emergency repair.This information must be included in the General Tenancy Agreement.Ensure that the nominated repairers are qualified and insured.
To avoid the ramifications and risk associated with unlicensed, uninsured, and inadequately qualified contractors performing work or not attending to repairs in a timely manner, our best practice advice is to seek instructions from the client to use the agency preferred contractors.To complete work on a property under the management of an agent, any contractor must have a Contractor Appointment Form in place and provide evidence of their qualifications, appropriate insurance, and workplace health and safety practices.
The property management support service can be contacted by email at pmsupport@reiq.com.au or by phone at 1300 347 347.
Standard terms are not negotiable.Special terms are negotiated between the parties.