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  • Profile photo of adamInTheGongadamInTheGong
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    @adaminthegong
    Join Date: 2011
    Post Count: 2
    June 6, 2011 - 11:17 pm

    Hi Jamie,

    My understanding is that it cannot be enforced due to “Third Line Forcing” issues – but I would think a Landlord could “prefer” tenants that have such protection over those that do not.

    The other option would be for the landlord to take out a policy but not sure how that would work for the underwriting of the insurance?

    Adam

    Profile photo of adamInTheGongadamInTheGong
    Participant
    @adaminthegong
    Join Date: 2011
    Post Count: 2
    June 6, 2011 - 6:17 am

    Hi Anthony,

    There is a new answer to 4) and that is for the tenant to take out insurance to protect their rental payments. This helps a tenant who would usually be considered a good tenant to keep paying rent in case they lose their job through no fault of their own. Obviously this also helps the landlord mitigate their risk of losing the rental income and also from costs associated with changing tenants.

    Check out http://www.rentsecure.com.au

    Regards,
    Adam

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