I've got a lot of questions to ask about shared rentals since I've been dragged towards becoming a shared landlord
Firstly, the property has 2 bedrooms, each with its own bathroom, a lounge room, and a kitchen.
Secondly, prospective tenants inspected it and said that they would only be interested to rent 1 bedroom with bathroom and share the kitchen and the lounge room. That's fine, so I am now looking for tenants to take the other bedroom/bathroom combination.
There will be 2 separate RTA signed, they would share electricity and gas bills, each will have their own telephone connection.
Question 1. Whose name should be on the electricity and gas bills - the tenants’ or mine?
Question 2. If one of the tenants moves out and I'll find the new tenant, would the remaining tenant have a say?
Question 3. If a shared area is damaged - who should be held liable?
Question 4. Do I prepare a standard residential tenancy agreement or there is a different / amended form for shared properties?
I'm sure I'll have more questions, but that's it for now.
Looking forward to hearing from our experts and newbies alike. Perhaps even from people who lived in shared places.
Cheers,
Lotana
Firstly, the property has 2 bedrooms, each with its own bathroom, a lounge room, and a kitchen.
Secondly, prospective tenants inspected it and said that they would only be interested to rent 1 bedroom with bathroom and share the kitchen and the lounge room. That's fine, so I am now looking for tenants to take the other bedroom/bathroom combination.
There will be 2 separate RTA signed, they would share electricity and gas bills, each will have their own telephone connection.
Question 1. Whose name should be on the electricity and gas bills - the tenants’ or mine?
Question 2. If one of the tenants moves out and I'll find the new tenant, would the remaining tenant have a say?
Question 3. If a shared area is damaged - who should be held liable?
Question 4. Do I prepare a standard residential tenancy agreement or there is a different / amended form for shared properties?
I'm sure I'll have more questions, but that's it for now.
Looking forward to hearing from our experts and newbies alike. Perhaps even from people who lived in shared places.
Cheers,
Lotana