Document background
The Pre Tenancy Agreement serves as a crucial document in Australian residential property management, bridging the gap between initial property viewing and formal lease execution. This agreement is typically used when a prospective tenant expresses serious interest in a property and wishes to secure it while completing the formal application process. The document covers essential aspects such as holding deposits, application procedures, required documentation, and privacy considerations. It protects both parties' interests during the pre-lease period and ensures compliance with relevant Australian state and federal legislation, including residential tenancy acts and privacy laws. The agreement is particularly important in competitive rental markets where multiple applications may be received for a single property.
