A person may enter into a written Residential Tenancy Agreement in order to rent in Victoria.
The agreement may be oral or in writing, although it is strongly recommended that tenants enter into a written agreement which will provide a clear record of rights and obligations as a tenant.
A Residential Tenancy Agreement is a contract that will state the terms of the rental, such as the duration and rent payable.
Age may not be a restriction to renting in Victoria
A person under 18 years of age may enter into a contract, so long as it is for their benefit and they understand the nature of the contract.
A lease is likely to be considered ‘for the benefit of’ a minor because it provides a necessary service.
Therefore, a person under 18 years of age will be bound by such contracts unless they didn’t understand that the agreement would be binding when they signed it.
A person under 18 years of age will be bound by such contracts.
Source; https://yla.org.au/vic/topics/at-home-parents-and-family/renting/#for-both-landlords-and-tenants
* Get all the benefits of RealRenta’s ledger by using RealRenta Essential- a completely FREE version ofRealRenta.
RealRenta Essential enables property investors to take advantage of RealRenta’s ledger systems by manually entering in all transactions.
RealRenta Essential provides investors with all the benefits of the RealRenta platform, minus the automation.
Jason Gwerder
Friday, 31 May 2019