CPPDSM4016A-Monitor and Manage Lease or Tenancy Agreement - Accounting Assignment Help

Assignment Task

Please review the questions below.

1. Under the Residential Tenancies Act 1997, Schedule 1 Standard residential tenancy terms, Information section, the lessor/agent must provide to the tenant a copy of an information booklet about residential tenancies authorised by the commissioner of fair trading.

This information booklet is commonly referred to as?
a. new tenant checklist
b. The Renting Book
c. condition report

2. When must the tenant return a copy of the completed Condition Report (which usually accompanies the signed lease or tenancy agreement) to the lessor/agent?
a. by the end of the month
b. within 10 days of receiving it
c. within 2 weeks of receiving it

3. An entry condition report is a record of the condition of the premises at the?
a. start of the tenancy
b. during the tenancy
c. at the end of the tenancy

4. The steps to completing a condition report at the beginning of a tenancy are:
a. the lessor must complete the report and provide the tenant with 2 copies within 1 day of the tenant taking possession of the property
b. if the tenant agrees with the report, he or she should sign the form without making any changes
c. if the tenant disagrees with the report, then the tenant should make a note on the report indicating what he or she disagrees with
d. once the form has been signed and any changes made, the tenant should return 1 copy of the report to the lessor within 2 weeks
e. all of the above

5. The maximum bond a lessor/agent can charge is:
a. 4 weeks rent if the rent is $500 per week or less
b. 4 weeks rent
c. 6 weeks rent if the property is furnished
d. $1000 if the tenant has a pet

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