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Fact Supermarket Rent ReviewWentworth has a responsibility to ensure community housing tenants are paying an affordable amount of rent. The base rent for all Wentworth properties is the market rent.
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How to fill out market rent review

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How to fill out market rent review:

01
Gather all necessary documentation, such as lease agreement, rent history, and any previous rent review forms.
02
Review the terms and conditions of your lease agreement to understand the specific guidelines for the market rent review process.
03
Determine the market value of your property by researching rental rates in your area and considering factors such as location, size, and amenities.
04
Compare your current rent to the market value to assess if there is a significant difference.
05
Complete the market rent review form provided by your landlord or property management company. Ensure all sections are accurately filled out and any required supporting documents are attached.
06
Submit the form and any supporting documents to your landlord or property management company within the specified deadline. Keep a copy for your records.
07
Await a response from your landlord or property management company. They may accept the proposed rent increase, negotiate a different rent amount, or deny the request.
08
If the rent increase is approved, review the new terms and conditions carefully before agreeing to the updated rental amount.
09
If the rent increase is denied or negotiations do not reach a resolution, you may need to seek further advice from a legal professional or tenants' rights organization.

Who needs market rent review?

01
Tenants who believe they are paying above the market value for their rented property may consider a market rent review.
02
Landlords or property management companies may initiate a market rent review to ensure the rental rates align with current market conditions.
03
Market rent reviews can also be required by local regulations or as part of lease agreements for commercial properties.
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Market rent review is the process of evaluating the current rental value of a property based on market conditions.
Landlords or property owners are typically required to file market rent review.
Market rent review can be filled out by providing details of the property, current rental value, and any relevant market data.
The purpose of market rent review is to ensure that the rent being charged is in line with current market rates.
Information such as property details, rental value, and market data must be reported on market rent review.
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