Abandonment of Premises (WCPT373) – 1 Point

Description

The abandonment of premises in a property management context is an ongoing problem and is one that requires understanding, proactive communication to mitigate a lessor’s losses and a pragmatic approach to finding workable solutions before the issue arises.
Participants in this session will come to understand:

• How and where issues of abandonment arise;
• How to communicate to find workable solutions when potential incidents arise;
• Section 77 of the RTA regarding abandoned premises
• Section 79 & 80A Abandoned goods and documents
• Relevant processes and legal obligations when dealing with abandoned properties and goods.
• Best practice strategies for dealing with abandoned goods to mitigate risk for the Lessor and agency.
• Potential risks will be discussed:
• As it relates to the Lessor regarding financial losses in situations of abandonment
• To property managers if they breach the Residential Tenancies Act by not understanding correct procedure as it relates to abandoned premises.