WIXLIB

Landlord Instructionsfor awesome people who like to invest

Just a bit of helpful information about the stuff on the opposite page:Company DetailsAccount DetailsIf the property we are managing is held in a company name thenwe ask that each Director complete the Investor Details section ofthe form.We can disburse the rental funds to multiple accounts on apercentage basis. For example, if there are four investors whoown a property and you are all to receive equal portions, then eachInvestor would enter 25% in the percentage section. Make sense?More than two Investors?‘In the event that there are more than two owners, copy pagetwo, being the Property Investor Information form as many timesas required.What about an Accountant?If you would like to have your statements emailed to yourAccountant or Financial Planner each month, simply completean Investor Details section, crossing out the Investor and writingin Accountant/Financial Planner and then provide us with theircontact details and write their Company name instead of “DOB”.We obviously won’t need their DOB or Account Details so you mayeither strike out or leave blank the balance of the details.Emergency ContactWe will contact your emergency contact in the event that wecannot contact you via phone or email. The most common reasonfor contacting an emergency contact is for urgent maintenancewhen we haven’t been able to contact you within the legal timerequirement. It is kind of important that your Emergency Contactbe someone you feel could make these decisions on your behalfand not someone with whom you regularly holiday with.(Yep. this has happened before).Now we need to get some information to successfullymanage your investment property. Let’s get going.OWNERS CORPORATION MANAGER (if applicable)PAYMENTS ON YOUR BEHALFCompany:As your managing agent, Village are able to pay accountspertaining to your property. Please tick below which accounts youwould like us to pay for you from future rents.Contact:Phone:Address:Please confirm change of address details with each serviceprovider for all services you wish us to pay on your behalf.Failure to do this will mean that we will not receive noticesfor payment.Plan Number:Council Rates – Council Name & Property ID:Car park number:Note: If the Owners Corporation has amended the Standard Rules of the complex,we require a copy of the rules to be provided to the tenant in accordance with theprovisions of the Subdivision Act.RACV Emergency Home Assist Acc. No.:Water Rates – Water Authority Name:INSURANCEDo you currently have in place the following insurances?BuildingYes (please attach a copy of your notice)NoPublic LiabilityYes (please attach a copy of your notice)NoLandlord ProtectionYes (please attach a copy of your notice)NoOwners Contents InsuranceYes (please attach a copy of your notice)NoOwners CorporationLandlord Insurance – Insurer Name & Policy No.:Note: It is Village policy that owners have building, contents and public liabilityinsurance. If you do not already have cover, please organise immediately andprovide details to our office. Likewise we strongly recommend Landlord ProtectionInsurance to ensure protection for issues that may arise through a tenancy.Other:Note: Tenants pay water usage on your property, provided that the property isseparately metered; therefore we need to ensure we have your current provider’sdetails to advise them of a new tenancy. It is illegal to ask tenants to pay utilitycharges where the property is not separately metered.

Property Investor Information forawesome people who like to invest.Investment Property:Suburb:Postcode:Names on Title:If Title is in a Company Name (Including Superannuation Funds) the following information is required:ACN:ABN:INVESTOR 1 (& Primary Contact)INVESTOR 2 (& Secondary Contact)Title (please circle): Mr/Ms/Miss/Mrs/DrTitle (please circle): Mr/Ms/Miss/Mrs/DrSurname:Surname:Given Names:Given Names:Preferred Name:Preferred Name:DOB:DOB:Mobile:Mobile:Home Ph:Home Ph:Bus Ph:Bus Ph:Fax:Fax:Email:Email:Relationship In the event of multiple Investors (please circle):Spouse/Sibling/Bus PartnerRelationship In the event of multiple Investors (please circle):Spouse/Sibling/Bus PartnerStatement Options (please circle):Posted/Emailed/Not RequiredStatement Options (please circle):Posted/Emailed/Not RequiredProvide email or postal address for statements:Provide email or postal address for statements:Bank:Bank:Account Name:Account Name:BSB:Account No.:Percentage to be deposited to this Account:BSB:%Account No.:Percentage to be deposited to this Account:%Emergency Contact - (this is the person we will contact about emergencyEmergency Contact - (this is the person we will contact about emergencymaintenance if we can’t get in contact with you or the secondary contact listed).maintenance if we can’t get in contact with you or the secondary contact listed).Name:Name:Relationship:Relationship:Best Ph No.:Best Ph No.:Email:Email:

ROUTINE INSPECTIONSSMOKE DETECTORSDo you wish to be invited to or attend Routine PropertyInspections during the tenancy? If you tick ‘No’ Village willcontinue to conduct routine inspections on your behalf.It is a legal requirement that all rental properties be fitted withsmoke detectors and that these detectors are fitted as per theAustralian Safety Standards. Village Real Estate can engageDetector Inspector to inspect the smoke detectors annually forthe approximate fee of 99.00 including GST on your behalf.YesNoRE-LEASING PROCEDUREIn the event that your tenant submits notice of intention tovacate the property, our team will always seek to contact youand confirm further instructions. In the event that you areun-contactable do you authorise.Village to commence re leasing promotional activities and toapprove a new tenancy application for the property in the eventof a vacancy?YesPlease refer to and complete the last page of this document toselect whether or not Village can engage this service on yourbehalf’.If Village is authorised to arrange Detector Inspector, such cost willbe deducted from rental funds on your behalf.Note: If the form is returned incomplete Village will not arrange this service on yourbehalf unless otherwise advised in writing.NoDo you authorise Village to re-negotiate a further lease with anexisting tenant when the initial tenancy agreement expires?YesNoRemember you only have to do this once, we’re almost there!REPAIRS & MAINTENANCEIn accordance with the Residential Tenancies Act 1997 a tenantcan carry out urgent repairs on behalf of the landlord up to themonetary limit of 1,800 plus GST. The agent can authorizeurgent repairs up to an amount limited by you as the landlord.Village will always attempt to contact you in the first instance ofany repairs that are required to the property, however, in the caseof an urgent repair when you cannot be contacted, we will act ingood faith and arrange for the work to be carried out by a suitablyqualified contractor.If you have your own preferred tradespeople, please provide thefollowing information:(Due to the nature of urgent repairs, your nominated tradespeoplemay not be contacted if the emergency occurs after hours.)Trade Type:Name:Phone:Fax:Email:Trade Type:Name:Phone:Fax:Email:Trade Type:Name:Phone:Fax:Email:

OWNER ACKNOWLEDGMENTS I acknowledge that we are the lawful owners of the propertydetailed in this instruction to manage. I acknowledge Village’s recommendation for all properties befitted with an electrical safety switch. I understand that it is a legal requirement that all rentalproperties be fitted with smoke detectors and servicedannually. I acknowledge Village’s recommendation that gutters shouldbe cleaned annually. I acknowledge Village’s recommendation that prior to thecommencement of a new tenancy that the locks or barrelsof the locks to the property should be changed. In additionVillage shall be entitled to retain an access set of keys for theproperty in the office at the owner’s expense. I acknowledge Village’s advice to organise building, contentsand public liability insurance. I acknowledge Village’s recommendations to have gasappliances (if any) tested and serviced at least every two yearsby a qualified gas plumber. I acknowledge Village’s recommendation to obtain adequateLandlord Protection insurance for my rental property and Iagree to provide Village details of this insurance promptly if Itake up such a policy. I acknowledge that Village is not responsible for lodginginsurance claims on my behalf. I undertake to cooperate withrequests of the property manager to assist with associatedworks in preparing claims. Where applicable, I confirm that there is provision for carspaces on the Title of this property. In the instance ofapartments/units please confirm the car space number:and if possible please attach plans orindicate location of car parks. Where applicable, the property is fitted with a working AlarmSystemAccess Code:Alarm Service Contractor Name:Phone:We should have everything we need now but just in case we’vemissed something, do you have any additional instructions for us?AGENT’S AUTHORITYAuthorisation is confirmed upon Village to recommend and select tenants, to collect and receipt rents, make disbursements, managerepairs, exercise a right to terminate tenancies and serve relevant notices upon tenants in accordance with the provisions of theResidential Tenancies Act 1997 and pursuant to a signed agency authority between us. I acknowledge it is my sole responsibility tocontact service providers and have accounts re-directed to Village for accounts I would like to be paid on my behalf.Signed by the Owner/s:Date://Signed by the Owner/s:Date://Signed by the Owner/s:Date://Signed by the Owner/s:Date://