Home Hunters Realty

 

Paying Rent

 

An owner (or agent) must not ask for more than two weeks' rent in advance before or during the first fortnight of a tenancy.

After that, the agreement can provide for rent payments on a weekly, fortnightly, four-weekly or calendar monthly basis or any other period as agreed by the owner and tenant.

The owner must not ask for rent until the period covered by the previous payment is finished.

Receipts for rent paid must be issued by the owner within three days. The receipt must show the name of the person paying the rent, the date received, the amount paid, the premises and rental period covered by the payment.

Real estate agents receiving rent payments must give a receipt immediately. A receipt is not required if the rent is paid by agreement directly into an account at a bank or other financial institution, or to Homeswest. The owner must keep a record of the rent paid. The tenant should keep all receipts in case there is a dispute over rent owing.