8 Reasons To Appoint a Property Manager

  1. Do you possess a thorough understanding and knowledge of the Residential Tenancies Act 1986 in order to maintain a fair and professional relationship with your tenant? The tenant may be entitled to compensation if you inadvertently breach their rights.
  2. Do you understand a Landlords obligation under other acts affecting a tenancy? Discrimination, consumer protection, building and other statutes all impact a tenancy.
  3. Are you confident that you know enough about the tenant selection process to ensure that you ask the right questions and receive the right answers before you place a tenant in your valuable asset - this can save untold heartache and frustration for you.
  4. As a private landlord you may not have the appropriate access to credit control databases and run the risk of putting a tenant into a property without knowing their full credit history. Often we find that tenants without a good credit history apply for properties that are privately managed as they know they can hide their past problems.
  5. Do you know how to lodge your tenants' Bond money in accordance with the Residential Tenancies Act 1986 requirements and within the required time frame? If you do not lodge the bond appropriately the tenant may be able to claim compensation from you.
  6. Do you know the right procedure when dealing with rental payment arrears? It is vital that the correct notices and service periods are used to prevent a notice from being compromised which would result in your having to reissue a notice which may result in a financial loss and also a claim from a tenant that their rights have been breached with an associated claim for compensation.
  7. Do you have a concise knowledge of The Residential Tenancies Act 1986 to effectively represent yourself in Court? The procedure must be precise. If you are ill prepared with non compliant documentation, invalid notice periods or lack of evidence, justice may not fall on your side. Minor mistakes may cost you dearly!
  8. Do you know the correct procedure when the tenant has absconded and abandoned goods remain at the property? The Residential Tenancies Act 1986 has a range of procedures that must be followed when goods are left at the property. Additionally, if you enter the property when possession has not been handed back you risk 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.