You are a residential property manager working in the eastern suburbs
Ask Expert

Be Prepared For The Toughest Questions

Practice Problems

You are a residential property manager working in the eastern suburbs

Question 2.

You are a residential property manager working in the eastern suburbs of metropolitan Melbourne, e.g., Burwood, Box Hill, and Doncaster. You manage primarily detached houses and some units. Many clients of yours requested more information about the recent changes to rental laws in Victoria (Residential Tenancy Act 1997) that became effective earlier this year. Several owners asked whether changes in requirements on maintenance and safety compliance will increase the maintenance costs. Others asked whether they should increase rent to cover these additional costs.

Please draft an email to answer their questions. In particular, you must

(1) summarise and explain law changes concerning maintenance and safety compliance;

(2) make a recommendation on whether they should raise rents now. 

You should support your recommendation with some evidence. You are also assessed by formatting and writing.

Hint
Accounts & Finance"The Residential Tenancies Act 1997 provides the protection for all the Victorians that are living in the rental accommodation. Also, the act outlines the obligations and the rights of the groups like:1. Residential landlords, tenants and property managers.2. Residential parks or the caravan park operators3. Retirement village operators4. Rooming house or the boarding house o...

Know the process

Students succeed in their courses by connecting and communicating with
an expert until they receive help on their questions

1
img

Submit Question

Post project within your desired price and deadline.

2
img

Tutor Is Assigned

A quality expert with the ability to solve your project will be assigned.

3
img

Receive Help

Check order history for updates. An email as a notification will be sent.

img
Unable to find what you’re looking for?

Consult our trusted tutors.

Developed by Versioning Solutions.