Search results

That's what I thought, and I told them so. He came back again with the answer that we would be covered as long as the lease has a condition stating that at the end of the term it will continue on a month by month basis etc. This looks ok to me, especially since I just found out that Allianz...

Just heard back from my Westpac bank manager. Unfortunately the insurers told him that no, the periodic tenancies are not covered because they are not backed up by a lease. So, I have to cross Westpac off my list. Turns out Allianz is slightly cheaper so I'll move my insurances to Allianz now.

I have an attitude today, but I believe it is to create a loop hole so they don't have to pay claims for people who don't read the fine print even if they have faithfully paid premiums believing they would be covered. Regarding fixed term only, how do you make your tenant re-sign when their...

Yes the branch sales guy said it "should" be ok, but they don't sound too sure. It's hard to get an answer and even if I get an answer that's no guarantee that the assessor will see it that way if it comes to a claim... So far for $600k building + landlords including rent default, we've found...

Hi Dave, Do you mind me asking, is it a fixed term tenancy or a periodical? I'm getting quotes at the moment for a new IP and some like NRMA and GIO seem to be fixed term only, whereas others seem better but more expenisve.. I saw in the Westpac PDS it stated: The definition of...