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Are your tenants constantly in arrears?
Tenant in Arrears?
At Coral Sea Property Management we monitor arrears on a daily basis.
Most tenants pay rent via direct debit on BPAY, however if the tenant falls into arrears we will contact them initially via SMS & email. Arrears at Coral Sea are when a tenant falls less than 7 days in advance. Should the rent remain unpaid for a specified time, we will contact the tenant to give them a Notice to Remedy Breach to notify them they are in breach of their residential tenancy agreement.
If payment has not been received during the 7 day breach period we suggest that application be made to end the tenancy. We keep in touch with you during this process and our actions are designed to minimise any loss that you may incur. Click HERE for information on a Lease Break.
If you have any queries or questions feel free to ring the office on (07) 4724 1723.