Tenancy Agreement Flashcards
1
Q
What is a condition report?
A
It’s a report the renter needs to fill out about the condition of the living space before renting to ensure the living space was in that condition before the renter moved in
2
Q
What are the main reasons for living in a share house?
A
To reduce living costs such as bills and rent
To be able to afford living in a certain place
For company
3
Q
What should all tenants in a share house sign?
A
A sharing agreement that states financial agreements for paying bills and rent and possibly chores
4
Q
What is a bond
A
A bond is a security deposit, it provides financial security to the landlord in case the tenants do not obey their rental obligations
