Nambour real estate | Investment Properties
Why Landlord Insurance is important
A Breakdowns of Landlords rights and responsibilities
All landlords (or lessors) in Queensland have many rights and responsibilities to consider.
The Residential Tenancies Authority provides a guide for landlords renting out residential properties in Queensland.
Tenant vetting and credit checks
Tenancy databases list people who have previously had problems with their tenancies. These problems may include not paying rent or damaging property.
Smoke alarms testing
As a landlord, you are responsible for installing smoke alarms in your property.
The Queensland Fire and Rescue Service provides detailed information on smoke alarm legislation.
Get Landlord insurance
As a landlord you are entitled to insure your rental property to cover yourself against possible financial losses, including damage to the property by tenants. Landlord insurance covers the building itself, with the option of insuring any contents that belong to you.
Contact an insurance company for more information on landlord insurance.
To resolve serious problems during a tenancy, you can:
- phone the Residential Tenancies Authority on 1300 366 311 and use the Dispute Resolution Service
- apply to the Queensland Civil and Administrative Tribunal.
For more information on the rights and responsibilities of landlords, you can contact the Residential Tenancies Authority on 1300 366 311.
Blue Moon property offer expert property management in Nambour on the Sunshine Coast. Talk to our Nambour real estate experts to get the right advice for the management of your investment property.
Landlord Insurance covers you for tenant-related losses. Things like loss of rent due to a tenant breaking their lease or being evicted, or damage caused to your contents by tenants, like drink spills on carpets. Other insurance may not cover these events, and very often, the bond won’t be enough to cover the associated costs.