As of May 27, 2015, rental and administration agents will be required to post a list of all fees, charges or penalties (regardless of the case) to be paid by landlords and tenants for any rental agency or property management service. These include any additional fees, charges or penalties that may be imposed during a lease, as well as any fees, charges and penalties referred to in the rental agreements and in the terms and conditions. The only exceptions are rental deposits (no deposits), rent and fees to be paid to a lessor, fees or penalties that the broker receives from a lessor under a lease agreement on behalf of another person. A period that gives the tenant the right to operate the premises without the intervention of the lessor. According to the law, any property for rent must have an energy certification. The agent can help owners find an assessor. As all real estate is unique, there should be the right strategy and plan, depending on the quality, nature and analysis of the local market. An effective owner`s representative will rightly research your property by following the local market and other up-to-date information to develop a plan for the main expenses, marketing and complete renovation of the property. The maintenance of a property, especially commercial, is a delicate task that becomes much easier with the association of the agents of the owners. It is beneficial for long-term partnerships and also for short ones, where the property is modified and sold after a while.
Make sure you have read and understood the terms of the agreement and understand the commitments you will make with the agent. This is an example of a rare case where the Court of Appeal intervened at the discretion of the trial judge when the judge essentially erred in law in finding that Mr. Ahmed had acted as an agent for his wife. Ms. Ahmed left the property in 2010 and first requested that the lease be transferred to A. Then she changed her mind. As Ms Ahmed did not live on the land as the only principal residence, the Authority sent a notice of dismissal and then initiated ownership proceedings. Choosing the best broker for the representation of your rental property is a decisive decision. It is very important to ensure that the agents who manage your property are dedicated to your assets.
As they sign a lease on your behalf, you should be aware of any legal remarks related to the entire process.