Understanding The Details Of Rental Agreements In WA - PowerPoint PPT Presentation

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Understanding The Details Of Rental Agreements In WA

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What are the essential elements of landlord insurance? Why do you need landlord insurance? Here’s all that you wanted to know about a rent agreement in WA? For more information about NSW rental agreement, visit . – PowerPoint PPT presentation

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Title: Understanding The Details Of Rental Agreements In WA


1
ALL THAT YOU NEED TO KNOW ABOUT RENTAL
AGREEMENTS IN WA
2
LANDLORD INSURANCE CAN COVER
  • Theft or burglary by tenants
  • Damage or vandalism by tenants
  • Loss of rent because of tenant default
  • Legal expenses during eviction

3
WHAT TO LOOK FOR IN LANDLORD INSURANCE
4
1 PRICE
  • Cost varies between territories, states, and
    postcodes
  • Factors include crime stats, risk of natural
    disasters
  • Its an investment expense and hence tax
    deductible

5
2 AN IDEAL INSURANCE INCLUDES
  • Damage caused by natural disasters
  • Loss of rent
  • Damage caused by tenants (guests, pets, etc.)
  • Theft or burglary
  • Public liability cover for injury
  • Legal costs for eviction

6
3 LOOK FOR EXTRAS
  • Can include re-letting expenses
  • Replacement of keys, locks, tax audit insurance,
    etc.
  • Look for extras before you buy

7
Questions To Ask Before Choosing Landlord
Insurance 1. Do I need specialist insurance?
2. Does the insurance cover furnishings?
3. Does the insurance cover pets? P.S In some
states, you cannot refuse pets without a valid
reason.
8
Any specific risks youd like covered? For
example 1. flood-risk 2.
burglary Looking for more information about
rental agreements in WA? Visit -
https//www.propertynow.com.au/
9
WE HELP HOMEOWNERS
  • Sell/rent their home without an agent
  • Manage their enquiries
  • Negotiate the deal for homeowners
  • And more

10
Visit - https//www.propertynow.com.au/ Call -
1300 664 773 To rent or sell without agents!
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