Experienced & Reliable Property Management in Brinsmead

A periodic tenancy is an arrangement where a tenant continues renting the property after their fixed-term lease ends without signing a new agreement. It operates on a rolling basis, typically month-to-month, until either party provides notice to terminate. The notice period required varies depending on local tenancy laws. Periodic tenancies offer flexibility, allowing landlords to adjust lease terms or end the agreement with proper notice. However, they also provide less stability compared to a fixed-term lease. Landlords may prefer fixed-term agreements to secure long-term tenancies, while tenants might appreciate the flexibility a periodic lease provides if their circumstances change.

Yes, landlords can increase rent, but they must follow legal guidelines and provide appropriate notice. Rental increases typically occur at lease renewal or under a periodic tenancy, with the timing and frequency governed by tenancy laws. Factors influencing a rent increase include market conditions, inflation, property upgrades and demand in the area. The new rent should remain competitive to retain tenants while reflecting the property’s value. Sudden or excessive increases may lead to tenant turnover, so landlords should balance financial goals with tenant satisfaction. Transparent communication and justifiable rent adjustments help maintain positive landlord-tenant relationships.

The bond, also known as a rental deposit, is collected before a tenant moves in and held in a government-approved tenancy deposit scheme. It serves as security against unpaid rent or damage beyond normal wear and tear. At the end of the tenancy, a final inspection determines if deductions are necessary. If no issues are found, the bond is refunded in full. If there are damages, cleaning costs or unpaid rent, deductions are made accordingly. Tenants can dispute deductions if they believe they are unfair. Clear documentation, including inspection reports and photos, ensures a smooth bond refund process for both parties.

Normal wear and tear refers to the gradual deterioration of a property due to regular use, rather than tenant neglect or damage. Examples include minor scuff marks on walls, fading paint, worn carpets and loose door handles. It does not include holes in walls, broken fixtures, stains from neglect or intentional damage. Property managers assess wear and tear during routine inspections and the final inspection when a tenant moves out. Landlords cannot deduct bond money for normal wear and tear, but they can charge tenants for excessive damage. Understanding the difference prevents disputes and ensures fair property maintenance expectations.