TENANCY DEBT RECOVERY
We specialise in both residential and commercial debt recovery. The licensee, being a former estate agent of many years and is fully conversant with both residential and commercial tenancy issues.
Tenancy recovery, to be quite honest, does not have a high success rate. Recidivist tenants tend to fly beneath the radar. However, is this internet world, a bad tenancy record will follow you wherever you are. We convince many to pay so as to clear their name. Surprisingly, we have a large number of defaulters paying off their debts – despite not knowing where they reside. Success rate on residential is 67%. This is not as high a success rate as our general debts – due to the fact that residential tenants can tend to be itinerant if they want
APPLICATION TO RENT
Never write up a Tenancy Agreement before first obtaining asking the prospective tenant to complete an Application to Rent form. The Application to Rent holds all the personal data ie DOB, NOK, phones, emails, employment. While the Tenancy Agreement or Lease is void of all this and holds no vital info to assist in retrieving the debt. Landlords that skip the Application and move straight into the Tenancy Agreement are their own worst enemy. If you would like a free standard Application To Rent form you need only email us in request of it.
PERSONAL DATA – ON A TENANCY
We are often told by clients that their managing agent has refused to hand over personal information that they hold on their tenant – citing the Privacy Act. What some agents fail to understand is their role is as ‘agent’. This means the agent is employed only as your servant. The landlord owns all the data acquired by his servant. You can instruct your agent to pass on the information (held on your tenant) or have the agent reported to the Debt of Commerce and/or the Real Estate Institute.
We trust you benefit from this information.
Richard Adams CEO DCL5286, TCN407
First International Debt Collection
Tel: 1300 543 118