Overview of Property Services for Foreign Investors in Melbourne

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Flashcards focusing on terms and definitions related to property services and rental reforms for foreign investors in Melbourne.

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10 Terms

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Boutique Family Agency

A small, specialized real estate agency offering personalized services primarily to foreign investors.

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One-Stop Solution

Comprehensive property services designed to streamline the investing process for clients.

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Melbourne-Wide Coverage

Expertise that extends across all suburbs of Melbourne, ensuring extensive market knowledge.

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Renter's Data Protection

Standardizes rental applications and limits the information applicants need to provide.

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No Eviction Without A Reason

Regulation preventing landlords from evicting tenants without a legitimate cause after the initial rental term.

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Ban on All Types of Rental Bidding

Prohibition on accepting unsolicited offers for higher rent than advertised.

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Minimum Standards in Rental Properties

Requirements that all rental homes must meet essential safety and liveability criteria.

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Personalised Service

Tailored solutions specifically crafted for the unique needs of each investor.

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Rental Reform Measures

Legislations introduced to enhance tenant rights and improve rental conditions.

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Investment Potential

The expected future growth in value and returns from property investments.