Friday, May 11, 2012

Rental Property Owners - News Update

The SA Real Estate Insitute is lobbying SA Water to make a change to our current system of charging out water rates. At the moment, the account remains in the owners name, and they are responsible for payment of all accounts. The tenant then reimburses the landlord for their portion of water used according to the lease agreement. In the eastern states the water account is changed into the tenants name, as is done with gas and electricity supplies. Bringing SA in line would simplify it for all concerned.

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