Hi,
Thought I'd turn here because most of you own investment properties and may have come across similar situations as this. Basically it is as follows
- Tenant breaks lease with 2 months remaining with 3 weeks notice to move out date.
- Property Manager readvertises property increaseing the rent from $380 to $450.
- Tenant objects saying they PM isn't mitigating his loses by asking for excessive rent.
- PM states they are within their rights as thats what they feel is the market rate.
- Property is advertised for 2 weeks with no luck, so PM drops rent $10.
- Tenant objects saying they still aren't doing their part, has now sought legal advice and have been advised to not pay rent past their move out date.
- PM advices they are doing their part as people are viewing the property and agrees to drop the price an extra $15.
- Both parties appear happy to go to magistrates court to argue their case.
has anyone seen a similar situation in WA? if so what was the crucial parts of the sitatution and in whose favour did it fall?
Thought I'd turn here because most of you own investment properties and may have come across similar situations as this. Basically it is as follows
- Tenant breaks lease with 2 months remaining with 3 weeks notice to move out date.
- Property Manager readvertises property increaseing the rent from $380 to $450.
- Tenant objects saying they PM isn't mitigating his loses by asking for excessive rent.
- PM states they are within their rights as thats what they feel is the market rate.
- Property is advertised for 2 weeks with no luck, so PM drops rent $10.
- Tenant objects saying they still aren't doing their part, has now sought legal advice and have been advised to not pay rent past their move out date.
- PM advices they are doing their part as people are viewing the property and agrees to drop the price an extra $15.
- Both parties appear happy to go to magistrates court to argue their case.
has anyone seen a similar situation in WA? if so what was the crucial parts of the sitatution and in whose favour did it fall?
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