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An exit report is completed by an agency or landlord within 3 days of lease termination. If this isn't completed on time, the agency or landlord also risks waiving their right to claim against a tenant for the condition of the property.
In residential tenancies, you must be given at least two months notice. In rooming accommodation, you must be given at least 30 days notice.
North County Property Group utilizes the (C.A.R) standard MIMO (Move In/Move Out) form as a straight forward way of documenting property condition at the time of occupancy as one point in time and then again when the tenant vacates.
The condition report must be in the form set out in Form 4 of the Residential Tenancies Regulations 2021 (Vic) (Regulations): s 35(1B) RTA; reg 18 Regulations. It is an offence not to give a condition report, with a penalty of 25 penalty units.