How PropertySafe is supporting Property Managers to mitigate risk & protect tenants.
During this particularly complex time in real estate, property managers are under more stress than ever before. Ensuring properties meet safety standards and can be safely tenanted is a huge responsibility both in terms of business and property investor liability and the property manager’s personal desire to prevent harm coming to the tenants in their care. This is where the PropertySafe strategy can help take the load off.
Property Managers around Australia are faced with an increasing dilemma of being tasked with ensuring the properties they manage are safe, structurally sound and compliant to legislation. And they are expected to do so without the necessary qualifications to make those vital calls.
At PropertySafe we understand the level of work and responsibility a Property Manager’s role entails and how challenging it can be to keep up with legislative changes.
Our Safety Strategy and state-specific compliance assessments for Victoria, Queensland and New South Wales are specifically designed to give Property Managers peace of mind that they, and their property investors and tenants risk of legal and physical ramifications of letting unsafe residences is limited. PropertySafe’s unique inspection and reporting service assesses properties against the state legislated minimum housing standards, provides relevant safety checks in Victoria and provides recommendations for improvements so that the risk of injury is reduced and occupant safety is maximised.
It is essential that safety standards be adhered to. PropertySafe provides a straightforward process that takes the pressure off property managers, and adds to the protection of landlords and tenants. Some points worth considering are as follows:
Every tenant has the right to a safe and healthy home environment.
Some states and territories have their own legislated minimum housing standards.
An agency’s insurances might not be enough to protect individuals against personal injury claims.
Not all landlord insurance policies cover personal injury claims.
Property managers are not qualified to determine structural soundness and safety compliance.
Routine inspections are not enough to identify potential hazards.
There may be serious consequences to the agency and property manager should a tenant or visitor to the premises suffer an injury.
Offering professional safety inspections improves landlord and tenant trust in the agency.
PropertySafe provides a streamlined, customisable service that will fit each property’s unique needs while assessing it in line with minimum standards. Encouraging your landlords to invest in a safer home evaluation report will help to protect tenants, reduce the risk of litigation and maximise return on investment.
Contact us on 1300 350 000 to learn more.
