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PLEASE SOLVE THIS QUESTION AND WL GIVE U HELPFUL RATINGS a)LEASING A PROPERTY Question Mr. Smith wants to establish a software firm. For this purpose,

PLEASE SOLVE THIS QUESTION AND WL GIVE U HELPFUL RATINGS

a)LEASING A PROPERTY Question

Mr. Smith wants to establish a software firm. For this purpose, he is looking to hire a house on rent comprising of 05 rooms. Mr. Smith also wants to do some renovation in the house for example placement of 10 office cabins in each room.You as a real estate agent have been giving a job to arrange a meeting with the potential tenant and determine her preferences, needs, and financial limits. Provide the potential tenant with promotional material detailing agency rental arrangements. Make appointments for the property inspection and layout a plan to conduct a successful property inspection. Ensure the tenant's interest in the property by utilizing effective questioning techniques. Review the tenancy applications to ensure accuracy and consistency with the legislative requirements. Seek the landlord's legal approval for tenancy. Provide both parties with the tenancy agreement and lease documentation. Inform both parties regarding the government fees and duty. Record the security deposits in line with agency practice, showing all of the above-mentioned tasks along with proof of promotional material utilized for detailing agency rental arrangements, tenancy application, and tenancy agreements.

b) Managing lease agreementQuestion

Mr. Smith has been living in a house in Springvale for the last 3 months. He has a tenancy agreement of a year but he wants to vacate the house and terminate the lease agreement as he cannot commute to his office daily from Springvale. You as a real estate agent have been given a job to conduct property inspection in line with the landlord's instructions and pre--pare a report regarding the outcomes of the property inspection. Arrange the documentation required for the termination of the lease agreement on behalf of the landlord. If necessary claim anentitlement toretain part or all of the security deposit or bond money in line with landlord instructions.

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