GENERAL
Question Answer
What are the timelines for compliance checks , minimum standards and efficiency ratings to be compliant ?
For all new rental agreements signed on or after 29 March 2021 , or any fixed rental agreements which roll over into a periodic ( month to month ) agreement on or after the 29 March 2021 , the rental property must meet minimum standards . For all new rental agreements signed on or after 29 March 2021 rental providers will need to conduct regular gas and electrical safety checks .
What ’ s the process to recover costs from renters if they damage the property ?
The legislation has a very detailed and strict process to recover costs for damages . Typically this involves escalating the matter to the Victorian Civil and Administrative Tribunal to seek mediation and determine what is fair and reasonable .
Can we ask for an extra bond ?
Bonds are fixed at one month of rent if the weekly rental amount is less than $ 900 . Rental providers are permitted to seek additional bond if the rent is more than $ 900 per week . Rental providers can ask for additional bonds for modifications in some circumstances , but not for pets .
What are the key changes we need to know ?
Where do we find a complete list of all the reforms ?
Where can we find more information about government rebates ?
Would you all consider increasing rent due to these reforms ?
If the works conducted substantially increased the value and desirability of the property , renters would most likely be acceptable to pay a higher rent .