Declaration of Eligibility
A Declaration of Eligibility is a Statutory Declaration that a Eligible Buyer signs to confirm that they meet the eligibility criteria to purchase a property under HomeSeeker SA.
A Declaration of Eligibility is a Statutory Declaration that a Eligible Buyer signs to confirm that they meet the eligibility criteria to purchase a property under HomeSeeker SA.
A licensed person professional who specialises in providing advice and information about buying and selling property including the transfer of Titles, ensuring that their client meets all legal obligations, and that the client’s rights are protected.
HomeStart is finance institution, established in 1989 by the Government of South Australia, that specialises in providing home loans for South Australians and getting people into home ownership.
A landlord is the owner of the property that is being rented or is available to rent.
A lease is the common term for a Residential Tenancy Agreement.
An open inspection is a specific time and date for potential buyers or renters to inspect and walk through a property. The date and time is set by the real estate agent or property manager and advertised publicly, normally on the property listing.
A personal reference is a letter or statement that vouches for a rental applicant to meet commitments involved in renting a property such as paying rent on time, taking care of property, and meeting obligations as set out in a Residential Tenancy Agreement. The purpose of a reference is to provide the property manager or landlord with information so that they can decide the best applicant to look after their property.
The Private Rental Assistance Program is run by the Government of South Australia and provides financial assistance to eligible customers who either have difficulty meeting the upfront costs associated with renting privately or need help to maintain their home.
A property condition report (or ingoing inspection report) is a document given to the tenant at the commencement of the tenancy that records the general state of repair and condition of the rental property on a room-by-room basis, including fittings and fixtures.
A property manager is engaged by the landlord to manage the day to day running of their property. They ensure both the tenant and the landlord are upholding their obligations as set out in Residential Tenancy Agreement (between the tenant and the landlord) and Management Agreement (between the landlord and the property manager). A property manager must work within the current legislation as stated in the Residential Tenancy Act of SA 1995.