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Tenant leaving early- my options

Discussion in 'Property Management' started by darrelj, 18th Sep, 2016.

  1. darrelj

    darrelj Member

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    Location:
    Tasmania
    My IP is in Victoria and managed by a regular PM. The tenant (single girl) has left the home 4 months earlier but paid rent until the day she stayed.There is only a months Bond left.
    What options have I to minimize loss?
    What things should I discuss with the PM?
    Any idea - points welcome .
     
  2. Azazel

    Azazel Well-Known Member

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    Not sure of the rules in VIC or your lease agreement.
    Have you read your lease to see what they should be liable for? Is there a break lease fee?
     
  3. JacM

    JacM VIC Buyer's Agent Business Member

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    Has she notified she is breaking lease or has she abandoned the property?
     
  4. thatbum

    thatbum Well-Known Member

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    Sounds like a normal break lease situation? Pretty basic scenario that all PMs should be able to advise you on the process.
     
  5. darrelj

    darrelj Member

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    She has passed the keys to the PM and said she lost the job and have no way to pay a rent- hence leaving
     
  6. darrelj

    darrelj Member

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    what are the usual things I should look for.
    I have told the PM to check each electrical appliance to make sure they work, damages if any, otherwise to deduct the repair/replacement cost
     
  7. JacM

    JacM VIC Buyer's Agent Business Member

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    Ok this is a break lease. Normally the bond can be retained to cover any losses (rent / damage / advertising for new tenant). The PM will immediately advertise for a replacement tenant. Tribunal will be involved if needs be.
     
  8. thatbum

    thatbum Well-Known Member

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    Nothing special. Just what you would look for at the end of any normal tenancy.
     
  9. Azazel

    Azazel Well-Known Member

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    It's pretty straight forward, checking that the property is in the same condition as the entry report.
    Exit report I believe.
     
  10. Scott No Mates

    Scott No Mates Well-Known Member

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    Water meyer reading? Light bulbs aren't burnt out or stolen?