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How do I do a private rent in NSW?

When you know you want to approve a tenant: Meet to sign a Residential Tenancy Agreement form (available here). ... Complete a property condition report within 7 days of the tenancy's commencement. ... Request a bond of 4 weeks rent. ... Lodge the bond with Service NSW within 10 days.

Can you create your own tenancy agreement?

You can make your own tenancy agreement but you need to make sure that it is up-to-date with the law and in particular does not contain illegal clauses. The Tenant Fees Act 2019 made certain tenancy payments illegal such as cleaning fees.

Does a lease need to be in writing NSW?

All residential tenancies in NSW are covered by standard terms which cannot be altered. It is the landlords obligation to put the agreement in writing.

How do I draft a rental agreement?

Contents of a rental agreement Names of the landlord and tenant and/or their agents. Description of the property. Amount of rent and due dates for payment, grace period, late charges. Mode of rent payment. Methods to terminate the agreement prior to the expiration date and charges if any.

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