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1. Parties: Identification of the landlord/property manager and tenant(s), including full legal names and contact details
2. Background: Context of the agreement, including property details and the purpose of the advance payment arrangement
3. Definitions: Clear definitions of key terms used throughout the agreement, including 'Advance Payment', 'Rental Period', and 'Property'
4. Property Details: Specific details of the rental property, including address and any included fixtures or fittings
5. Advance Payment Terms: Details of the advance payment amount, payment schedule, and what period it covers
6. Payment Method: Specified methods of payment and banking details for the advance payment
7. Application of Payments: How the advance payment will be applied to rent and other charges
8. Security and Trust Requirements: Details of how the advance payment will be held and secured as per legal requirements
9. Refund Conditions: Circumstances under which the advance payment may be refunded and the process for refunds
10. Default and Remedies: Consequences of default and available remedies for both parties
11. Governing Law: Specification that the agreement is governed by Australian law and relevant state legislation
1. Special Payment Arrangements: Used when there are non-standard payment arrangements or installment plans for the advance payment
2. International Payment Provisions: Include when dealing with international tenants or payments from overseas
3. GST Provisions: Required when any part of the transaction may attract GST
4. Agency Arrangements: Include when a property management agency is involved in handling the advance payment
5. Early Termination Provisions: Optional section detailing conditions and processes for early termination of the advance payment arrangement
6. Force Majeure: Include when parties want to address extraordinary circumstances that might affect the payment arrangement
7. Digital Payment Terms: Include when electronic payment methods are specifically offered or required
1. Schedule 1 - Payment Schedule: Detailed breakdown of payment amounts, dates, and allocation of funds
2. Schedule 2 - Property Condition Report: Detailed description of the property condition relevant to the advance payment arrangement
3. Schedule 3 - Banking Details: Separate schedule for secure recording of banking information
4. Appendix A - Proof of Identity Requirements: Documentation requirements for identity verification
5. Appendix B - Calculation Method: Detailed explanation of how advance payments are calculated and applied
6. Appendix C - Required Forms: Standard forms required by state/territory legislation for advance payments
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