When it comes to renting a property in Victoria, Australia, a residential tenancy agreement is an essential document that defines the terms and conditions of the rental agreement between the landlord and the tenant. A well-written and comprehensive tenancy agreement will ensure that both parties understand their respective rights and obligations and will help avoid potential disputes in the future.
Here is an example of a residential tenancy agreement in Victoria:
The tenancy agreement is made between the [landlord’s name] (Landlord) and [tenant’s name] (Tenant/s).
The Landlord agrees to lease the following property to the Tenant/s: [property address]
Term of lease
The lease term will begin on [start date] and will end on [end date]. If the Tenant/s wish to renew the lease, they must provide written notice to the Landlord at least [number of days] days before the end of the lease term.
The rent payable by the Tenant/s is $[rent amount] per week/month, payable in advance on [rent due date] each week/month. The Tenant/s agree to pay the rent on time and in full.
The Tenant/s must pay a bond of $[bond amount] to the Landlord. This bond will be held by the Residential Tenancies Bond Authority (RTBA) and will be refunded to the Tenant/s at the end of the lease, provided there are no outstanding debts or damages.
The Tenant/s will be responsible for paying all utilities charges, including gas, electricity, and water. They must contact the relevant service providers to arrange for the connection of these services.
Use of the property
The Tenant/s agree to use the property solely for residential purposes and not to use it for any illegal or unlawful activities. They must ensure that the property is kept clean and tidy, and no alterations are made without the Landlord’s written consent.
Repairs and maintenance
The Landlord is responsible for maintaining the property in good condition and ensuring that it complies with all relevant laws and regulations. The Tenant/s must notify the Landlord promptly of any repairs that are required and allow the Landlord access to the property to carry out repairs.
Termination of lease
Either party may terminate the lease by providing written notice to the other party. The notice period must be at least [number of days] days before the intended termination date.
Breaches of the agreement
If either party breaches the agreement, the other party may provide notice of breach and seek to have the matter resolved by mediation or arbitration.
This is just an example of a residential tenancy agreement in Victoria. It’s always best to consult with a legal professional to ensure that your agreement complies with all relevant laws and regulations. By having a well-written and comprehensive tenancy agreement, you can ensure that your rental experience is smooth, hassle-free, and enjoyable for both the landlord and the tenant.