Page 14 - Your Introduction and Guide to Renting_EMAIL_Neat

Understanding ‘Rent in advance’ The Tenancy Information Centre of

Australia database - Rent default
Please ensure your rent is always paid in advance.
In extreme cases, details of the tenancy can
Regretfully, some tenants mistakenly believe that
possibly be lodged on a national internet tenancy
the first 2 weeks rent paid is held in trust for use at
database.
the end of tenancy, like a bond. It is important to
note the first 2 weeks rent paid for your first 2 weeks
This will affect further tenancy arrangements with
of tenancy.
other real estate agents not only in your local area,
And after 14 days, your rent is due again. It is but across Australia and New Zealand.
essential that you pay your rent on or before its due
We follow legislation that regulates this action very
date. We suggest that you arrange your direct debit
closely. Please be aware of the severity of being
for a couple of days before your due date so the
added to this database.
rent payment can be processed by the banks so it
is received by us by your due date. You pay for the A default lodgement will make your future renting
time you will use, BEFORE you use it. There is a simple prospects very difficult.
way to understand the rent in advance concept.
It is important to note that most real estate agents
The right thing is to pay for the can of drink first, check this tenancy database when they receive an
then consume the contents after paying! Paying application for tenancy.
rent in advance works exactly the same way.
If your details are lodged indicating a poor previous
You purchase the time period in advance, and rental history with monies owed, you’ll find your
then consume the time period by dwelling in application may automatically be rejected for
the property. Once the time period is finished or tenancy.
consumed, you then pay for the next time period
again before using it, by continuing in the lease
and dwelling in the property. This is the meaning
of rent in advance.

Paying your rent into the office

We ask that you make rental payments in the manner outlined in your tenancy agreement, and as discussed
in your tenancy induction. Unless specifically requested, we are unable to accept rent payments into our
office, cash or otherwise.

14 LJ Hooker Beenleigh