Plan ahead: Rent reviews in Reapit PM for Victorian agencies

This November, the Victorian government are introducing new rental protection laws, bringing in several key changes, including an increase to the notice period for rent increases and notices to vacate from 60 to 90 days. We’ve received plenty of questions about what this will mean for agencies using Reapit PM, and how to stay compliant.  

These changes mean it’s now more important than ever to plan rent reviews well in advance, ensuring the correct notice is issued and recorded. Fortunately, Reapit PM makes it easy to stay on top of these requirements, helping agencies manage rent reviews effectively, and in line with the new legislation.  

In this post, we’ll walk you through how to manage rent reviews in Reapit PM, from setting the right review dates to issuing notices and keeping accurate records along the way.  

Setting correct rent review dates

For Victorian agencies to provide tenants with 90 days’ notice of a rent increase, it’s important to plan rent reviews well in advance. Because the review process often involves several key steps, such as completing a market analysis, discussing proposed changes with the owner and preparing tenants notices, we recommend Victorian clients begin their rent reviews at least 120 days before the intended rent increase date. Our Knowledge Base article on managing rent reviews can assist you.

To set the Rent Review Due Date for each property:

1. Navigate to People > Tenants and open a Tenant Record.  

2. Scroll down to Rent Reviews.  

3. Click the ‘edit’ icon on the Rent Review Due date.  

4. Input a new due date 120 days from when you want the new rent to take effect.

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Reviewing upcoming reviews correctly

To view all tenancies with a rent review due within 120 days:

1. Navigate to People > Tenants.

2. Click the filter dropdown and select Rent review due.

3. Change the timing dropdown to 120 days.

To review increases from a lease renewal view, navigate to Workflows > Lease Renewals.

Please note that this list is already filtered to 120 days from the lease expiry date by default. So, if you are reviewing the rent when completing a lease renewal, you will only need to filter to Fixed Term Leases – this will display all lease agreements ending in up to 120 days time. Our Knowledge Base article on the Lease Renewal Workflow can assist you.  

By planning rent reviews 120 days in advance and following the steps outlined above, Victorian agencies can stay fully compliant with the new 90-day notice period, without adding extra admin to their workload.

If you’d like to learn more, check out our help article on rent reviews or contact our Support Team for guidance.

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