Best way to pursue unpaid rent after house sale?

Discussion in 'Legal Issues' started by TassieGal, 18th Dec, 2021.

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  1. Trainee

    Trainee Well-Known Member

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    Why did this communication happen at all? Where is your property manager in all of this?
     
  2. TassieGal

    TassieGal Active Member

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    We self-managed
     
  3. Terry_w

    Terry_w Lawyer, Tax Adviser and Mortgage broker in Sydney Business Member

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    Make sure this is and then seek advice.
     
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  4. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    In theory I believe what should have happened was the tenant should not have ever been notified to stop paying rent, they should have kept paying rent as per the lease and if on settlement day they were in credit to the original landlord then the original landlord transfers that money to the new landlord for the excess days of rent then the new Landlord informs tenant how to pay next rent.

    You can send the debt to a debt collector - the threat of that may make them pay.
     
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  5. shorty

    shorty Well-Known Member

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    As my 4-year-old daughter, obsessed with Frozen would say, 'let it go, let it go....'

    Not advice, just a joke.
     
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  6. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

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    Yes. And if rent had been paid in advance (which SHOULD be the case) then its a settlement adjustment to pay the advance rent to the buyer as a settlement adjustmnet (but not arrears as they arent your debt collector) . Then any bond is also transferred to the new owner since the lease continues. Arrears are your problem. You allowed arrears through not ensuring rent was paid up in advance. DIY problems that dont normally occur with agent managed property. I dont know why you would have told them of a change to rental arrangements. If its unrecoverable your LL insurance is a option.
     
  7. sanj

    sanj Well-Known Member Premium Member

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    Offet yor 500 buck loss against:
    a) the value of hopefully a few lessons learnt regarding your errors in how this matter was handled,

    B) the savings you must have made from self managing

    C) the fact that your inexperience regarding rules and procedures around self management ONLY cost you 500 bucks


    We ultimately have no control over others actions, in this case you over your tenants decision not to pay for those 11 days. What you/we do control is our own and in this case you did inadvertently contribute not insignificantly to the problem so keep that in mind when you consider what youd like to do moving forward
     
    Marg4000 likes this.