1.  What was the main problem with the housemate?  What type of behaviour would be acceptable in this situation – from both people?  What rules could have been established to prevent this from happening? Finding a Housemate – Vengeance

2.  Recap finding a housemate  Finding a rental - personal preferences  Finding a rental – choosing what’s available  Form 18a  Rights and responsibilities of tenants and landlords  Entry Condition Report  Review Today’s Lesson

3. Process so far…

4.  Now that you’ve settled a house, you need to be aware of the rights and responsibilities of both you and your lessor You’ve just settled a house!

5.  Pay the rent on time and in the way agreed (e.g. by direct credit on Friday each week)  Keep the premises clean and undamaged and leave it in the same condition it was in when they moved in, less wear and tear  Keep to the terms of the tenancy agreement  Respect neighbours’ right to peace and quiet  Not use the premises for illegal purposes Tenant's responsibilities when renting:

6.  Provide and maintain the premises in a good state of repair  Provide reasonable security  Respect the rights of the tenant to quiet enjoyment in the premises  Ensure the premises are vacant, clean and in good repair at the start of the  Pay for any emergency repairs that are not caused by the tenant  Pay all charges, levies, premiums, rates and taxes for the premises and cover the costs of preparing the tenancy agreement  Lodge all bond monies with the RTA Lessor or manager's responsibilities when renting:

7.  Align all the responsibilities under the heading of Tenant or Lessor http://corkboard.me/QVQ7EwXXXk

8.  One of the first responsibilities of both parties when they enter a home is to do an entry condition report  This records the condition of the house at the start of the tenancy. The Entry condition report is a vital tool in getting a bond refunded at the end of the tenancy. Entry Condition Report

9.  Process: 1.The lessor/agent completes the form, signs it and gives a copy to the tenant at the start of the tenancy. 2.After completing and signing the form, the tenants must return the completed report within 3 days. 3.The agent/manager will then return a copy of the signed and completed report to the tenant within 14 days. Entry Condition Report

10.  - In your groups, fill out the Entry Condition Report - Use the information that you have been provided about your room and note any of the changes that should be on the form - Choose from one of the roles below to make sure everyone is participating - Just because you have been assigned a role that only goes at the end does not mean you can’t help the whole way through! Reader You must highlight the information on your room description Scribe You will need to write down the key changes that must go on the condition report Speaker You will be highlighting the information at the end of the lesson Others You will be finding the elements that need to go into the Entry Condition Report

11.  What elements needed changing?  Entry Entry Condition Report

12.  Lounge Room  Dining Room Entry Condition Report

13.  Kitchen/Meals  Family Room Entry Condition Report

14.  People in the Gladstone region have had difficulty securing housing options  This is due to increased competition powered by industrial growth from around the region. Gladstone Rental Crisis Industrial Expansion Increased population Greater need for housing options

15. How might you be able to accommodate for the Rental Crisis?

16. Understanding the banking system is one way to survive the Gladstone Rental Crisis. This involves understanding the types of accounts available and what they entail. Banking

17.  These are your general transaction accounts. These accounts are designed for easy deposits and withdrawals. You can use them to receive regular work payments and to shop, pay bills and take out cash.   They can include:  Debit  Credit  Visa or MasterCard  Pensioner Personal Bank Account

18.  These are your accounts concerned with storing larger sums of money for particular long-term money goals. There are a variety of savings accounts per bank that vary in interest rates. Commonwealth offers  NetBank Saver is a high-interest online savings account.  AwardSaver offers bonus interest if you make one deposit and no withdrawals each calendar month.  Youthsaver bonus interest if you make one deposit and no withdrawals each calendar month for customers under 18. Savings Account

19.  This offers a fixed term and a fixed interest rate.  This type of bank account sees large sums deposited into a bank account with no direct access.  This ensures savings on a large basis. Term Deposits

20. http://corkboard.me/ZLFRWk6KM Y

21.  What are the main elements we looked at today?  Which factors will you be looking for when you want to rent a house?  What are two responsibilities of a tenant?  Would it be the tenant’s responsibility or the lessor’s to pay for repairs on the home?  What is the purpose of form 18a?  Who must complete the entry condition report first? Review