Occupation Rent Law

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Australian Legislation Laws on Occupation Rent Payment
Introduction
Occupation rent payment in Australia depends extensively on the division of rental income and expenses between the co-owners. Usually, spouses share the rental income and expenses in accordance with legal interests. Consequently, Australian legal laws ensure that rental joint co-owners hold an equal interest in the rental property, while at the same time tenants in common may hold an unequal interest in the property. In most cases, this variation depends if the co-owners are joint, common tenants or partnership on a rental property. Moreover, occupation rent in the event of a separation or a divorce dispute in the marital home may have a detrimental impact on one of the spouses. …show more content…

Accordingly, the basis of this law implies that each co-owner has the right to exercise the possession of the whole property and it is deemed inappropriate to subject a particular co-owner with the burdening claim for compensation at the suit of the other co-owner, having failed to exercise the same right. However, the Western Australian Tenancies Act 1987 indicates that an occupation rent may be determined as a dispute if the occupying co-owner prescribes for settlement of the dispute through an application made under the aforementioned act. As indicated, the occupation rent dispute as the concept of ownership in the Australian property social phenomenon is an emerging issue since the property laws solely focus on the enclosure and the right of exclusion. In this case, it has extensively benefited the privatization of property to maximize profits . Essentially, the occupation rent Modified Shared Equity Policy mandates that the spouses share the same ownership of a rental property, who in this case are referred to as tenants in common. As tenants in common, they are a couple who rent a house together and both their names appear in the rental agreement. On the contrary, the Australian system of property distribution at the end …show more content…

Accordingly, the court possesses an exclusive jurisdiction to hear and determine an occupation rent case since it is not justifiable by any other form of court or tribunal. In the event of a magistrate’s court ruling, the registrar of the court’s command may exercise power with respect to the application of the occupation rent dispute by a spouse. Furthermore, the Registrar must refer an application to the director of the inspection while referring to the investigation report. Moreover, an application made by a particular co-owner of a rental property under the Western Australian Residential Tenancies Act may be approved if the application is made to a court nearest to the location of the rental property premises. Under such circumstances, the dissatisfaction of a co-owner may appeal to a magistrate against the decision made by the registrar. The appeal may arise in cases where the rental property is procured under the title of the co-owner who does not provide any purchase price or any other financial donation to the household. Also, it may arise in the event of acquisition under the name of a co-owner making some part of the financial contribution indirectly to the rental property. More importantly, various factors determine whether a Court may opt to award an occupation rent to a particular spouse. The court’s occupational rent

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