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  1. #1
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    Default Advise Please - Renting

    Hi All,

    Long time reader - 1st time posting πŸ˜„

    Apologies in advance if this is in the wrong section.

    Just want to get some advise from any hubbers out there that work in real estate.

    Today we have received keys for our new rental property (lease begins today) and unfortunately we're having 2nd thoughts as to whether this property is suitable, as there has been some minor changes done by the landlord since previous tenants have vacated.

    It's been a good 5 weeks since first viewing the property till receiving the keys as property was tenanted until last week.

    My question being is there a cooling off period with lease agreements? What are our rights in regards to ending an agreement before moving into the property?

    Thanks in advance πŸ˜„

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    I don't believe there is a cooling off period - once lease is signed, that's it. However I do think it needs to have been rented to you in the condition you agreed to rent it in (viewed the property) but you might have trouble finding legislation to back it up. I hope someone with more experience can come along and help you out - otherwise deffo call your local RTA.

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    Hello :-)

    I've been out of real estate for about 3 years now but don't think much has changed in that way, so...

    No, I don't believe you can get out of your agreement (take note I'm on my phone so can't see where you're from, I'm in QLD so can only speak from my experience here).

    When you say the landlord has changed some things what do you mean? Minor or major? If they're pretty big changes there may be room to negotiate with the agent.

    I think your only option is to talk to your property manager (asap), voice your concerns and go from there. If it is how I think it will be up here if you break a lease you're responsible for all rent until new tenants are found and one weeks rent plus GST and possibly advertising.

    Hope you get the outcome you want :-)

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    Quote Originally Posted by BornToBe View Post
    I don't believe there is a cooling off period - once lease is signed, that's it. However I do think it needs to have been rented to you in the condition you agreed to rent it in (viewed the property) but you might have trouble finding legislation to back it up. I hope someone with more experience can come along and help you out - otherwise deffo call your local RTA.
    No cooling off period. Only in sales.

    But yes generally it's what you rent is what you saw. Eg you think agree to renting a 3 bedroom house. Landlord knocks down a wall to make 2 bedrooms, no more agreement.

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    No there is no cooling off period, once the lease is signed it is a legally binding document regardless of the lease not yet commencing, or you not moving in.

    I think there is usually a clause somewhere, be it on the application or the lease, that you agree you are have viewed the property to your satisfaction, they could possibly argue that you didn't ask for follow up inspections. Not sure, hopefully a property manager will be along soon.

    You say minor changes, so they are probably unlikely to budge on the lease. Is it possible to ask the landlord to change it back? Or you offer to change it back, or pay to have somebody change it back? Sorry hard to know without the details of what change Good luck.

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    Default Advise Please - Renting

    What changes have been made to make you change your mind?

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    Default Advise Please - Renting

    Quote Originally Posted by dancingchipmunk View Post
    No cooling off period. Only in sales.

    But yes generally it's what you rent is what you saw. Eg you think agree to renting a 3 bedroom house. Landlord knocks down a wall to make 2 bedrooms, no more agreement.
    Yes this - what did they do to it? And next time always always inspect the home before you sign a lease!!!

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    Default Advise Please - Renting

    Thanks all for your replies πŸ˜ƒ

    We did inspect the property, however changes had been made.

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    Default Advise Please - Renting

    I used to be in RE, but without knowing what changes, it's impossible to give you an answer. If you're talking and painting the walls a colour you don't like? Too bad. If they have locked a room off or taken out items such as a dishwasher, you might have some ability to negotiate.

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    Default Advise Please - Renting

    Quote Originally Posted by StaceAndHayley View Post
    Thanks all for your replies πŸ˜ƒ

    We did inspect the property, however changes had been made.
    I mean inspect it the day or at least the day before you sign - especially if you had never seen it vacant


 

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