ASSESSMENT TASK 1 – MULTIPLE CHOICE QUESTIONS
Please review the questions below and select the most correct answer, eg c or d or a
1. Tenants responsibility may include:-
a. not to use the place for any illegal purposes
b. to keep the premises and inclusions clean
c. not to cause a nuisance or interfere with the reasonable peace, comfort or
privacy of a neighbour
d. pay all charges, levies, premiums, rates and taxes payable for the premises
e. all of the above
f. a, b, c only
2. When can a landlord or landlord’s agent charge a holding fee ?:-
a. When prospective tenants view the property
b. Once the tenancy application has been approved by the agent
c. When the tenancy application has been lodged with the agent
3. An entry condition report must be completed:-
a. before or when the residential tenancy agreement is given to the tenant for
signing
b. during a tenancy
c. at the end of a tenancy
4. Under s162 of the new Residential Tenancies Act 2010 the time period for agents and
landlords to lodge rental bonds has been extended. How long does a landlord’s agent
have to lodge the rental bond?:-
a. 10 working days after receipt of the bond
b. Within 5 working days
c. 10 working days after the end of the month in which the bond is paid
5. Under what circumstances can an agent hand out keys to prospective tenants to inspect
a property unescorted:-
a. with written authorisation by the lessor
b. with a photo copy of prospective tenants drivers licence
c. none, agents must accompany prospective tenants.
, 6. Under the new Residential Tenancies Act 2010 if the landlord wants the tenant to
move out “without grounds” once the fixed term tenancy has ended, what notice
period is required?
a. 30 days
b. 90 days This is the correct answer
c. 60 days
ASSESSMENT TASK 2 – Short Answer Questions - 100-200words (1-2 paragraphs)
1. List the Rules of Conduct which affect tenancy/property management issues.
Inspection report
Inspection of property for rent
Use of collection agent to collect rent
Maintenance or repairs of rental property
Breach of tenancy agreement
Notifying tenant of appointment to sell
Final inspection of property
Obtaining tenant’s signature for rental bond refund
Co-operation about records, access and transfer
Disclosure of potential agency
Confirmation of specific instructions – property management services
Confirmation of specific instructions – leasing of property
2. In your own words, describe the purpose and general principles of property
management .
The purpose and general principle of property management are to assist the owner in
leasing/renting out their property and collecting a reasonable return. Overall its purpose is
to act in the best interest of the owner (through activities such as advertising and
marketing the property, to maintaining the property, keeping it tenanted, collecting rent,
budgeting and maintaining records) under current rules, legislation and regulation.
2. Rental Bonds - complete the following :-
a. Is it compulsory to take a rental bond?
It is not compulsory to take a rental bond, although it is recommended and would
be considered good practice to do so. Bond cannot be more than 4 weeks rent.
b. How is the rental bond calculated if weekly rent is $500?
Please review the questions below and select the most correct answer, eg c or d or a
1. Tenants responsibility may include:-
a. not to use the place for any illegal purposes
b. to keep the premises and inclusions clean
c. not to cause a nuisance or interfere with the reasonable peace, comfort or
privacy of a neighbour
d. pay all charges, levies, premiums, rates and taxes payable for the premises
e. all of the above
f. a, b, c only
2. When can a landlord or landlord’s agent charge a holding fee ?:-
a. When prospective tenants view the property
b. Once the tenancy application has been approved by the agent
c. When the tenancy application has been lodged with the agent
3. An entry condition report must be completed:-
a. before or when the residential tenancy agreement is given to the tenant for
signing
b. during a tenancy
c. at the end of a tenancy
4. Under s162 of the new Residential Tenancies Act 2010 the time period for agents and
landlords to lodge rental bonds has been extended. How long does a landlord’s agent
have to lodge the rental bond?:-
a. 10 working days after receipt of the bond
b. Within 5 working days
c. 10 working days after the end of the month in which the bond is paid
5. Under what circumstances can an agent hand out keys to prospective tenants to inspect
a property unescorted:-
a. with written authorisation by the lessor
b. with a photo copy of prospective tenants drivers licence
c. none, agents must accompany prospective tenants.
, 6. Under the new Residential Tenancies Act 2010 if the landlord wants the tenant to
move out “without grounds” once the fixed term tenancy has ended, what notice
period is required?
a. 30 days
b. 90 days This is the correct answer
c. 60 days
ASSESSMENT TASK 2 – Short Answer Questions - 100-200words (1-2 paragraphs)
1. List the Rules of Conduct which affect tenancy/property management issues.
Inspection report
Inspection of property for rent
Use of collection agent to collect rent
Maintenance or repairs of rental property
Breach of tenancy agreement
Notifying tenant of appointment to sell
Final inspection of property
Obtaining tenant’s signature for rental bond refund
Co-operation about records, access and transfer
Disclosure of potential agency
Confirmation of specific instructions – property management services
Confirmation of specific instructions – leasing of property
2. In your own words, describe the purpose and general principles of property
management .
The purpose and general principle of property management are to assist the owner in
leasing/renting out their property and collecting a reasonable return. Overall its purpose is
to act in the best interest of the owner (through activities such as advertising and
marketing the property, to maintaining the property, keeping it tenanted, collecting rent,
budgeting and maintaining records) under current rules, legislation and regulation.
2. Rental Bonds - complete the following :-
a. Is it compulsory to take a rental bond?
It is not compulsory to take a rental bond, although it is recommended and would
be considered good practice to do so. Bond cannot be more than 4 weeks rent.
b. How is the rental bond calculated if weekly rent is $500?
