Whenever you are starting a tenancy agreement Wholesale Pat O’Donnell Jersey , there are financial obligations you have to fulfil as part of your agreement with the property owner. Apart from advanced rent, the tenant is oftentimes required to pay rental bond. As a tenant, you need to be familiar with this requirement, know what it is for and how to get it back if you are ending your lease on the property.
What is Rental Bond?
Rental bond is a security deposit that serves to protect the property owner in case the tenant damages something or has unpaid rent or utilities. The rental bond, however, is not to be used by either the lessor or the tenant unless there is a written agreement or a court order.
The tenant pays the rental bond at the beginning of the lease. The amount will be held by a third party ‘in trust’ throughout the duration of the lease. At the end of the tenancy agreement and when the tenant has fulfilled all end-of-tenancy obligations, the rental bond will be returned.
Important Points to Remember
Before paying the bond, do a little research as to the right amount that you should be paying. In Western Australia, it must not be over four times the weekly rent you will be paying. There could be additional amount if you are allowed to keep pets in the premises.
After paying the rental bond, remember to get a receipt from the property owner or the property management Bunbury Company representing the owner. The receipt must include your name as the payer, the amount and address of the premises.
The bond must be deposited with the bond administrator of the state government, or with an authorised financial institution or a real estate agent’s trust account. If the bond is deposited with the bond administrator, you will be getting a record from the Department of Commerce. If it is deposited with a financial institution, the property owner is required to provide you with a copy of the lodgement form.
Should you notice any irregularity with the property owner’s handling of the rental bond, you should report it to the Department of Commerce.
Getting Back the Rental Bond
The rental bond serves as protection to the property owner in case the tenant fails to take care of the premises and fulfil payment obligations. But once all obligations have been met, the tenant can get back the rental bond.
Depending on the provisions in the lease Wholesale Zach Miller Jersey , the tenant may be obligated to conduct bond cleaning, which could include pest control and carpet cleaning. The property must be returned to the owner in good condition before the bond is returned.
To ensure that the rental bond is returned appropriately, pay good attention to the property condition report which is signed at the start of the lease. Take pictures of the premises at the end of the lease to serve as proof just in case disputes arise. To learn more about rental bonds, click here.
Plugging Into MLM Leaders No seriously, are you plugging into MLM leaders? Chances are that if you are NOT, then you aren't really doing your MLM business. And you probably aren't too successful either. You are just playing the "we'll try this out for awhile in hopes of making it rich" game. Stupid game to play in my opinion.
When it comes down to success in the network marketing industry, this is probably THE biggest factor in those that actually make it big and those that don't. I have seen it time and time again in my 5 years in the industry.
Hell, I was one of those damn people that had trouble "plugging into MLM leaders." But then I wised up.
For some, it may be ego. Those "no way, I can do this on my own, and I don't need help from ANYBODY." type personalities usually fail the fastest. Whatever traditional job or business experiences that they have usually DO NOT translate well in HOW to do the business. Yes, they may have some skills from their current andor previous jobbusiness, but when it comes down to it, you HAVE TO learn from those that are succeeding.
What other reasons do people have for not plugging into MLM leaders?
Well, there could be many, but another one that I see often is fear. Now Wholesale Kyle Fuller Jersey , this could translate into multiple levels of inaction, but it tends to make a person fall into two categories.
The first is fear of a MLM leader saying that they aren't good enough (aka fear of rejection). In my mind, this is the dumbest fear of all, especially if your leader is on your team (as in your upline). They have pretty much zero reason to knock you down because they will benefit directly from your success. Therefore, this is HIGHLY unlikely.
I mean, even if they aren't in your upline or company, they often care too much about the industry as a whole so they will be more than willing to help you out. They want everyone to succeed.
But often times, the fear of being successful is what stops people from plugging into MLM leaders
And this fear is often a subconsciously driven force.
Why? Because it will instantly propel people out of their comfort zone and away from ANY previous experiences that they have had.
They will be in a new tax bracket. They will be having business overhead. They will have to attend events at different places. They will win free trips.
On so many levels, their mind has never seen this before so it goes into the "no way, Jose" mode.
But guess what guys.you need to prepare your mind. You are going to new places where you have never been before. You are going to hit up the same struggles that the gurus have.
And it all starts with plugging into the MLM leaders.
"Do as the doers are doing" - Todd Falcone
He is brilliant man, and an icon in the industry. As I have said in the past, if it is good enough advice for him to live by, then it should be good enough advice for you to live by.
Until next time.
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