Description
We all know that the Residential Tenancy Agreement is a prescribed form under the Residential Tenancies Act, right? That means that its form and content are regulated by legislation. Form 1AA is split into three parts (A, B, and C) and each section has a specific purpose, which we’ll cover in this course.
This session then looks at the lease in detail at Part C, where we as property managers or agents may be tempted to add special conditions to dictate additional terms we feel are necessary to the agreement. This session looks at the potential risks to agents, agencies, property managers and tenants from poorly conceived, if well intentioned, special conditions to the lease agreement. We’ll look at:
- The role of the contract writer
- Questions you should ask yourself when constructing a special condition
- Where you may inadvertently, or deliberately, be attempting to “contract out”of legislation and why that’s a bad idea
- The impact of poorly constructed conditions
This session will earn you two (2) elective CPD points and is aimed at property managers and agents, though sales representatives wishing to gain a better understanding of the residential leasing process will also benefit. Knowledge is power!
Note: This session is for educational purposes and does not constitute legal advice. If concerned about legal aspects of an agreement please consult a qualified legal practitioner.
