Problem on managing a residential investment property


Assignment task: You are helping your friend, Emily, who owns and manages a residential investment property. The tenant, Chris, started a new periodic tenancy at the property tour months ago. She has pointed out several issues that she wants resolved:

1. Chris appears to have a dog living at the home. Emily does not like dogs.

2. The rent is overdue ($1,200.00).

3. The rates are overdue ($2,124.00).

4. Market rents have increased so she will be increasing the rent to $1,400.00 per week in 60 days.

5. If Chris does not accept the new rent, she will be terminating his tenancy with 90 days' notice.

Prepare a letter that Emily can copy and send to Chris.

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