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FAQs
What is the role of the Property Agents Board?
What is the role of the Real Estate Institute of Tasmania?
What is the role of Consumer Affairs (as it related to real estate)?
What is the role of the Rental Deposit Authority?
What is the role of the Residential Tenancy Commissioner?
The Australian Bureau of Statistics has invaluable information in regards to person, family and dwelling characteristics. This demographic information helps paint a picture of the area you are interested in and can provide the following -
Real Estate, Accreditation, market research, rentals, Buying property
Members of the Real Estate Institute of Tasmania (REIT) are required to abide by a high standard of professional practice, over and above the requirements of legislation governing Tasmanian real estate agents.
As a further element of protection, REIT members are required to take out professional indemnity insurance. You have the important safeguard of being represented by an estate agent with professional indemnity insurance cover.
The REIT provides forms which are reviewed regularly to ensure compliance with legislative requirements. Is your agent committed to extending their education and skills training?
REIT members have access to the Monthly Property Facts and Quarterly Property Market Reports, the most timely sales and leasing information available for the Tasmanian residential, industrial and rural property market.
REIT members' experience and knowledge of their local market, combined with their exclusive access to research, enables them to make an accurate and authoritative appraisal of your property.
REIT members' are kept abreast of changes to legislation that impacts on the industry and which may affect investment decisions of their clients. The REIT maintains a close working relationship with key government departments, regulatory bodies and other related professional organisations.
The REIT has an internet site at www.reit.com.au which includes a directory of REIT agents in any location, with details of expertise relevant to your needs. The majority of REIT members also have their own dedicated websites providing information on their products and services.
Yes, the Office of Consumer Affairs and Fair Trading publish several free guides and advice for tenting in Tasmania.
A lease break is when a tenant opts to terminate a lease earlier than the agreed lease agreement timeframe. For example a person who signs a 12 months agreement decides they want to move interstate and no longer wishes to continue the agreement.
The landlord or property owner should be advised of any change with a tenancy. If additional people move in or one person moves on and is replaced, the property owner or landlord should be advised and changes made to the lease agreement and/or a new agreement drawn up.
