Tenancy challenges - Mortgagee repossession & Illegal drug activity in homes - Tenants bulletin issue 9
1 August 2019
In this issue:
Tenancy challenges
- Mortgagee repossession
- Information and resources regarding illegal drug activity in homes
Tenancy challenges: Mortgagee repossession
Sometimes tenancy arrangements run into unexpected issues that are outside your control. Today we’ll explore what happens when a mortgagee repossesses a rental property.
Housing Loan details when lodging bonds, Mortgagee repossessions and Illegal drug activity in homes - Real estate industry bulletin 202
1 August 2019
In this issue:
- Housing Loan details when lodging bonds
- New! Information and resources regarding illegal drug activity in homes
- How mortgagee repossessions affect your tenants
Housing Loan details when lodging bonds
We have been reviewing loans paid by the Department of Housing (Housing) to agents/landlords to ensure they are lodged with the Bond Administrator.
Mortgagee repossessions and Illegal drug activity in homes - Landlords' bulletin 33
30 July 2019
How a mortgagee repossession would affect your tenants
If you have failed to keep up with the mortgage payments for your rental property, the mortgagee (the bank, credit union etc.) may apply to the Supreme Court for possession. As part of this process the mortgagee may give the tenant notice of the application to repossess the property via Form 17, which could result in a concerned tenant contacting you for more information.
Illegal drug activity in homes - Residential parks bulletin issue 9
30 July 2019
New! Information and resources regarding illegal drug activity in homes
Residential illegal drug activity is cause for concern for tenants, owners, property managers and real estate agents alike due to potential health and safety risks to occupants. Illegal drug activity in homes, including clandestine laboratories (clan labs), cannabis grow houses, and smoke houses, can contribute to damage or contamination from drug or chemical residues.
It’s annual trust account audit season! Is yours underway? - Settlement industry bulletin 91
30 July 2019
Reminder – Financial audit year ended 30 June, deadline of 30 September 2019 approaching!
All agents who hold a current triennial certificate and have held or received monies in trust during the financial year ended 30 June 2019 must lodge an audit report with the Commissioner for Consumer Protection by 30 September 2019.
eCourts Portal - Faster and easier court orders - Real estate industry bulletin 201
15 July 2019
Faster and easier court orders with the eCourts Portal of Western Australia
Use the eCourts Portal of Western Australia to take advantage of new features designed to receive your court orders and any disposed money more quickly.
Recently released features include:
Mortgagee ending a tenancy
There are two ways the property you're renting can be repossessed by:
- the mortgagee such as a bank or other financial lender, or
- a person with superior title such as a Government authority.
An application to the Supreme Court must be made for possession of the rental property.
During that process there are two notices a tenant may receive: