Understanding Tenancy Make Good Requirements: What You Need to Know
As a tenant, you might wonder what is expected of you when you reach the end of your lease term. One of the most important things to consider is the tenancy make good requirements. These requirements are typically set out in your lease agreement and outline the actions that must be taken to ensure the property is left in the same condition as when you first moved in. In this blog post, we’ll take a closer look at what tenancy make good requirements are and why they are important.
What are tenancy make good requirements?
Tenancy make good requirements are the responsibilities and obligations that a tenant must fulfill at the end of their lease term. These requirements usually include things like repairing any damage caused during the tenancy, removing any alterations or additions that were made to the property, and cleaning the premises to a high standard. Essentially, the goal is to return the property to the same condition it was in when you first moved in, so that the landlord can lease it out to a new tenant without any additional work or expense.
Why are tenancy make good requirements important?
There are several reasons why tenancy make good requirements are important. First and foremost, they help to protect the landlord’s investment in the property. By ensuring that the property is returned to its original condition, the landlord can avoid any additional expenses or delays in leasing the property to a new tenant.
Secondly, tenancy make good requirements help to promote fairness and accountability. If every tenant were allowed to leave the property in whatever condition they pleased, it would create an unfair burden on landlords and subsequent tenants. By setting clear requirements for tenants to fulfill, landlords can ensure that everyone is held to the same standard and that tenants are accountable for any damage or alterations they make to the property.
Finally, tenancy make good requirements can help to foster positive relationships between landlords and tenants. When tenants fulfill their obligations at the end of the lease term, it can help to create a sense of trust and respect between the two parties. This can make it more likely that the landlord will be willing to renew the lease or that the tenant will receive a positive reference when applying for a new rental property.
What do tenancy make good requirements typically include?
The exact requirements for tenancy make good will vary depending on the terms of your lease agreement. However, some common requirements might include:
- Cleaning the premises, including carpets, floors, and any appliances that were provided as part of the lease.
- Repairing any damage caused during the tenancy, such as holes in walls, broken fixtures, or damaged flooring.
- Removing any alterations or additions that were made to the property, such as pallet racking, office partitions, or line marking.
- Restoring the property to its original condition, including repainting walls and replacing any damaged or missing items.
- Providing documentation or receipts to show that the work has been completed.
Click here to view our end of lease make good service
It’s important to note that failing to fulfil your tenancy make good obligations can result in additional costs or legal action, so it’s essential to take them seriously and plan ahead to ensure that you can meet the requirements when the time comes.
In conclusion, tenancy make good requirements are an important aspect of any lease agreement. By fulfilling your obligations, you can help to protect the landlord’s investment in the property, promote fairness and accountability, and foster positive relationships between landlords and tenants. If you’re unsure about what is expected of you at the end of your lease term, be sure to review your lease agreement carefully and seek advice from a legal professional if necessary.
Further reading:
- https://www.commercialrealestate.com.au/news/what-is-make-good-and-why-is-it-important-62258/ – This article from Commercial Real Estate explains what make good is and why it’s important in commercial leasing.
- https://www.realestate.com.au/advice/what-is-make-good/ – This article from realestate.com.au provides a comprehensive overview of make good requirements in commercial leasing, and includes tips for tenants to help them meet their obligations.
- Tags:
- Make Good,
- Tenants
- Categories:
- Blog