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The Tenancy Division deals with breaches of leases, excessive rent increases, termination of the rental agreement, and the return of rental bonds. An order can be made up to $20,000 with respect to a rental bond or $10,000 for other matters. The Home Building Division deals with matters under The Home Building Act 1989 (NSW). The tribunal has ...
The former Tribunal was established under the Residential Tenancies Act 1987 (NSW) as the primary dispute resolution body for residential tenancies in New South Wales. . Following a review of other tribunals under the portfolio of the Department of Fair Trading of New South Wales (such as the Commercial Tribunal, Consumer Claims Tribunal, Building Disputes Tribunal and the Motor Vehicle Repair ...
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
Dr Henderson was the owner of a house which was leased by the Defence Housing Authority which used the property to provide accommodation for defence personnel. Dr Henderson the owner sought orders from the NSW Residential Tenancies Tribunal requiring the DHA to allow him to enter the premises for the purpose of inspection and give the owner a key to the premises.
The tenancy agreement for real estate is often called a lease, and usually involves specific property rights in real property, as opposed to chattels. In addition to the basics of a rental (who, what, when, how much), a real estate rental may go into much more detail on these and other issues.
The successful sale of another house may be needed to finance the purchase of a new one. Appraisal contingency – Purchase of the real estate is contingent upon the contract price being at or below a fair market value determined by an appraisal. Lenders will often not lend more than a certain percentage (fraction) of the appraised value, so ...