Document background
The Tenant Agency Agreement is a fundamental legal document used in Australian property management to formalize the appointment of a licensed real estate agent or property manager to manage rental properties on behalf of the owner. This document is essential when property owners wish to delegate the day-to-day management of their rental properties to professional agents. The agreement covers crucial aspects such as agent authority, service scope, fee structures, maintenance procedures, and compliance with relevant legislation including the Property and Stock Agents Act and state-specific tenancy laws. It's particularly important in establishing clear lines of responsibility, financial arrangements, and protecting both parties' interests in the property management relationship. The agreement can be customized for both residential and commercial properties, and is typically required by regulatory authorities as part of proper property management practice in Australia.
