Hi all,
Have tried researching this but can't get a quick definitive answer.
I'd like to take control of my Melb IP and self manage. Current PM has too many other properties on her books (approx 500!) and the service is slack to say the least. I've established a good rapport with tenants, who have IP's of their own, so I feel comfortable with self managing this one.
What is required in terms of legal paperwork to do this. Do I need to draft a new lease agreement. Do I have to notify the Bond agency? etc.
I've read the contract with current PM and know how to effectively "sack" them but I'm a bit cloudy about the transferring of documentation.
thanks
Have tried researching this but can't get a quick definitive answer.
I'd like to take control of my Melb IP and self manage. Current PM has too many other properties on her books (approx 500!) and the service is slack to say the least. I've established a good rapport with tenants, who have IP's of their own, so I feel comfortable with self managing this one.
What is required in terms of legal paperwork to do this. Do I need to draft a new lease agreement. Do I have to notify the Bond agency? etc.
I've read the contract with current PM and know how to effectively "sack" them but I'm a bit cloudy about the transferring of documentation.
thanks