Renting Tips
People should know the basics of renting accommodation before they commit their money.
Finding the right place
Whether you're just about to move out of home for the first time, or if you've been moving around for years,
it's important to find the place that's right for you - a place you can afford, that's safe, that's close to transport, shops or other things you might need a place where you'll feel at home.
Check out some places before you decide by looking at advertisements in newspapers or by asking real estate
agents what they have available for rent.
Up-front costs
Moving into rental accommodation can be fairly expensive to start
with. Immediately you will be up for a security deposit equivalent to one moth's rent; the first month and last month in advance`; connection fees for
electricity, gas and telephone and the costs of moving from one place to another. If the place is not furnished, you may have to buy things like beds,
mattresses, refrigerators, washing machines and lawn mowers.
Sharing with friends
If you intend sharing rental premises with friends, make sure you discuss costs and possible house rules before you make a commitment.
There will be ongoing weekly expenses so consider collecting separate contributions to go towards regular bills, such as electricity, phone or gas
and put this money into a special purpose bank account. Some share houses have what is called a 'kitty' where each person puts in the same amount of money so
food can be bought jointly. Agreement is reached about when shopping will be done, who will do it and what needs to be bought. This helps prevent doubling up.
Be prepared - keep your paperwork
Keep all paperwork you receive about the premises - i.e. receipts for rent and bills paid. They are
proof of exactly what you've paid for; how much you've paid; when you made the payments and the method of payment. If a dispute arises, this information will
be vital.
Damage Control
If any damage is made to your premises either by you or your visitors, whether it is accidental or not, make
sure you tell your lessor/agent about it. Remember, you are required to leave the place in the same state it was when you moved. You will have to pay for any
damage that is not considered to be reasonable 'fair wear and tear'.
Keep noise down
Consider the rights of your neighbors.
As a tenant you are required by the law not to interfere with the reasonable peace, comfort or privacy of a neighbor.
Finding the right place
Whether you're just about to move out of home for the first time, or if you've been moving around for years,
it's important to find the place that's right for you - a place you can afford, that's safe, that's close to transport, shops or other things you might need a place where you'll feel at home.
Check out some places before you decide by looking at advertisements in newspapers or by asking real estate
agents what they have available for rent.
Up-front costs
Moving into rental accommodation can be fairly expensive to start
with. Immediately you will be up for a security deposit equivalent to one moth's rent; the first month and last month in advance`; connection fees for
electricity, gas and telephone and the costs of moving from one place to another. If the place is not furnished, you may have to buy things like beds,
mattresses, refrigerators, washing machines and lawn mowers.
Sharing with friends
If you intend sharing rental premises with friends, make sure you discuss costs and possible house rules before you make a commitment.
There will be ongoing weekly expenses so consider collecting separate contributions to go towards regular bills, such as electricity, phone or gas
and put this money into a special purpose bank account. Some share houses have what is called a 'kitty' where each person puts in the same amount of money so
food can be bought jointly. Agreement is reached about when shopping will be done, who will do it and what needs to be bought. This helps prevent doubling up.
Be prepared - keep your paperwork
Keep all paperwork you receive about the premises - i.e. receipts for rent and bills paid. They are
proof of exactly what you've paid for; how much you've paid; when you made the payments and the method of payment. If a dispute arises, this information will
be vital.
Damage Control
If any damage is made to your premises either by you or your visitors, whether it is accidental or not, make
sure you tell your lessor/agent about it. Remember, you are required to leave the place in the same state it was when you moved. You will have to pay for any
damage that is not considered to be reasonable 'fair wear and tear'.
Keep noise down
Consider the rights of your neighbors.
As a tenant you are required by the law not to interfere with the reasonable peace, comfort or privacy of a neighbor.
