For property investors
For property investors
So how does it benefit property investors?
Our Compliance Program gives property investors moral and financial peace of mind in knowing their investments are routinely tested, repaired and recorded for safety compliance to curtail fire, injury or even death. These checks are performed in a no-fuss manner by licensed technicians, meaning they are all legally compliant and binding.
By implementing such a program, property agents are able to show duty of care if liability or insurance claims arise in the future.
The statistics speak for themselves…
Over 60 percent of leased properties in Victoria do not comply with current Australian wiring rules, according to the REIV. Energy Safe Victoria reported around 400 people in the year 2014-2015 suffered non-serious and also serious injuries (admitted to hospital) due to electricity fault or misuse.
The REIV states that inspections of electrical, plumbing, gas fixtures and fittings, smoke alarms and even swimming safety barriers should be carried out periodically by those qualified under REIV requirements. Property managers are NOT qualified to complete such regulatory inspections.
And how does it work?
Whether you own one or several properties – residential or commercial – Safety First spends the time to assess the unique nature of your property requirements to devise a Compliance Program that works specifically for you.
All compliance checks are performed quickly, quietly and efficiently to ensure minimal disruption for your tenants. A Certificate of Adjustment is delivered at the conclusion of the inspection, incorporating:
Detailed summary of any current non-compliance
Confirmed time and date for correction
Contact details of the assigned service officer
Date for revised compliance audit
Our holistic approach means you’re not wasting time or money managing different contractors to obtain safety compliance of your property investments, and routine maintenance can be performed at the time of the audit to save on further site calls.
Note: The Safety First Compliance Program is tax deductible. Your insurer may also offer a discount on your insurance premium if you present them with a Safety First Compliance Certificate. Please check with your insurer.
What are we hoping to achieve for property investors?
The primary purpose of our Compliance Program is to ensure a safe environment for the tenant and to relieve a property investor of the stress created from maintaining ongoing safety compliance in their properties.
Contact us for more information about the Safety First Compliance Program for Property Investors.