AU Perth & Western Australia
Renting, Leasing & Property Management
Leases, tenancies, rent, landlords, property managers and ongoing management.
17 termsBond Disposal
Western Australia
The process for releasing and dividing a residential tenancy bond after the tenancy ends.
Break Lease
Western Australia
Ending a fixed-term residential tenancy before its agreed expiry date without relying on a separate statutory termination ground.
Fixed-Term Tenancy
Western Australia
A residential tenancy agreement that sets a specific start date and end date for the tenancy.
Gross Rental Yield
Australia-wide
Annual rent divided by the property's price or value, before expenses.
Net Rental Yield
Australia-wide
Annual rent after selected property expenses, divided by the property's price or value.
Periodic Tenancy
Western Australia
A residential tenancy agreement with no fixed end date that continues until it is lawfully ended.
Pet Bond
Western Australia
A separate limited bond that may be charged in WA when a tenant is permitted to keep a pet.
Property Manager
Western Australia
A licensed property professional who manages a rental on the owner's behalf.
Rent Bidding
Western Australia
Competition in which prospective tenants offer, or are encouraged to offer, more than the advertised rent to secure a property.
Rent in Advance
Western Australia
Rent paid before the period of occupation to which the payment applies.
Rent Increase
Western Australia
A lawful change that raises the rent payable under a WA residential tenancy agreement.
Rental Appraisal
Western Australia
An estimate of the rent a property could achieve in the current market, usually prepared by a property manager or agent.
Rental Arrears
Western Australia
Rent that has fallen due under a tenancy agreement but has not been paid.
Rental Bond
Western Australia
Security money paid by a tenant and lodged with WA's Bond Administrator for the tenancy.
Residential Tenancy Agreement
Western Australia
The agreement setting the terms and conditions under which a tenant occupies a residential rental property in WA.
Routine Rental Inspection
Western Australia
A scheduled landlord or property-manager visit to check the condition and management of a tenanted home.
Vacancy Rate
Western Australia
The percentage of available rental properties in a defined market that are vacant at a particular time.