Are the Tenants on the Property managed by the vendor?
Did you know that there is a large amount of behind the scenes work done by managing agents when a property changes ownership. When the property is managed by the vendor privately, there are various documents required to be provided to the buyer at settlement regarding rent, bond and the tenants. This is crucial to ensuring that each party is compensated for the rent paid whilst the property is changing hands and it is important that the vendor has all required documents and statements ready to provide to the buyer. Not sure what you need? Give us a call and we can help!
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Please contact our office should you require any assistance. See also: Ownit Conveyancing frequently asked questions.
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To learn more about when the owner of a property has passed away, contact Ownit Conveyancing on 1300 553 750.