{"id":5754,"date":"2023-11-30T16:56:11","date_gmt":"2023-11-30T16:56:11","guid":{"rendered":"http:\/\/thestar.test\/2023\/11\/30\/attention-all-landlords-2\/"},"modified":"2023-12-02T18:34:05","modified_gmt":"2023-12-02T18:34:05","slug":"attention-all-landlords-2","status":"publish","type":"post","link":"https:\/\/thestar.com.au\/blog\/attention-all-landlords-2\/","title":{"rendered":"Attention all landlords"},"content":{"rendered":"
\t\t\t\tTuesday, December 10th, 2019<\/span> | Posted by Tayla Kershaw<\/a><\/span> \t\t\t<\/div>\n

\t\t\t \t\t\t<\/p>\n

Attention all landlords<\/h1>\n
\"\"
HAPPY TO HELP: Michelle Smith property manager at Elders Real Estate Yarram, is happy to explain to landlords and investors the changes being made to the residential residency act and how it affects them.
\u00a0 <\/figcaption><\/figure>\n

\u00a0<\/p>\n

TENANT\u2019S rights are being strengthened as a series of changes to rental law are being rolled out by the Victorian Government.<\/p>\n

Michelle Smith and team from Elders Real Estate Yarram are making it a priority to inform local landlords and investors of what this will mean for them.<\/p>\n

\u201cThere is a concern that landlords may increase their rent or completely remove their property from the market because of these new laws,\u201d she said.<\/p>\n

But having vacant properties \u2013 especially with the amount of renters on the rise \u2013 could be damaging to the area.<\/p>\n

A few of the 130 changes include more accessibility for renters with pets and additions to what can be considered urgent repairs.<\/p>\n

Renters will be allowed to make prescribed minor modifications to a rental property and more notice will also be provided to tenants, along with compensation, for inspections if their rental property goes on the market.<\/p>\n

\u201cI think it\u2019s a positive change. The laws are becoming a lot fairer for both parties,\u201d Ms Smith said.<\/p>\n

New lease agreements will be treated as trials for the first 12 months, granting tenants more long-term security following the year-long tryout period.<\/p>\n

\u201cThere is more security and peace of mind for tenants after that 12 month period,\u201d Ms Smith said.<\/p>\n

\u201cSome people are renting for a long time and want to make it a home and make it comfortable.\u201d<\/p>\n

With more Victorians renting than ever before and no changes to rental laws in the last 20 years, it\u2019s a necessary change.<\/p>\n

But Ms Smith hopes it doesn\u2019t lead to landlords or investors pulling their properties from the market.<\/p>\n

To give the wider community the facts, she and her Yarram team recently held an information session for private and commercial landlords and investors.<\/p>\n

She said it was important for landlords and investors to ensure their properties are professionally managed and to tune in to the information that\u2019s being provided.<\/p>\n

Some changes have already been applied with more to be implemented next financial year.<\/p>\n

Ms Smith encouraged any landlords or investors seeking clarification to make an appointment at Elders Real Estate Yarram.<\/p>\n

Call 5182 6600 to make an appointment.<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

Short URL<\/strong>: \/?p=30529<\/small><\/p>\n

<\/div>\n
\t\t\t\t\t\t\t\t\t\tPosted by Tayla Kershaw<\/a> \t\t\t\t\t\t\t\t\t\ton Dec 10 2019. Filed under Community<\/a>, News<\/a>. \t\t\t\t\tYou can follow any responses to this entry through the RSS 2.0<\/a>. \t\t\t\t\t\t\t\t\t\tYou can leave a response or trackback to this entry\t\t\t\t\t\t \t\t\t\t\t<\/p>\n
<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Tuesday, December 10th, 2019 | Posted by Tayla Kershaw Attention all landlords HAPPY TO HELP: Michelle Smith property manager at Elders Real Estate Yarram, is happy to explain to landlords and investors the changes being made to the residential residency act and how it affects them. \u00a0 \u00a0 TENANT\u2019S rights are being strengthened as a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,1],"tags":[],"_links":{"self":[{"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/posts\/5754"}],"collection":[{"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/comments?post=5754"}],"version-history":[{"count":1,"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/posts\/5754\/revisions"}],"predecessor-version":[{"id":15567,"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/posts\/5754\/revisions\/15567"}],"wp:attachment":[{"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/media?parent=5754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/categories?post=5754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thestar.com.au\/wp-json\/wp\/v2\/tags?post=5754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}