HOLD Tips
    OPTIMISE·2 min read
    WORTH CHECKING15 MINQUICK WIN

    Do you know what you're paying for property compliance?

    Improve the performance of the property you own.

    Best for: Owners seeing frequent compliance line items on statements

    Smoke alarm, safety switch, and pool compliance checks are legally required. But many owners have never seen a clear breakdown of what compliance services are being performed on their property, which are legally required, which are optional extras, and what each one costs.

    Why this matters

    Compliance servicing is a recurring cost that compounds every year you hold the property. Understanding exactly what you're paying for lets you spot duplicated services, bundle sensibly, and choose the right service level deliberately — the legal minimum isn't automatically the ideal level, but you should know when you're paying for more than the minimum and why.

    What to check

    • What compliance services are currently being performed on the property
    • Which of those are legally required in your state, and which are additional services
    • How often each service runs, and what each costs
    • Whether any services are duplicated across contractors
    • Whether services can legitimately be bundled with one provider

    Who can help

    Property manager

    What compliance checks are scheduled and how often.

    State tenancy authority

    The legal minimum frequency for each check.

    TAKE ACTION · QUESTIONS TO ASK

    One email, 10 minutes to review the response

    Copy questions

    Copy this question and put it to your property manager.

    Can you send me a breakdown of every compliance service currently running on this property — what's done, how often, what each costs, and which ones are legally required versus additional? I'd also like to know if any could be bundled.

    USE AI TO HELP

    Use AI to make sense of your compliance invoices and spot duplication — never to cut required safety checks.

    Best prompt for this issue

    Review the property compliance services and costs I list. Group them by type, identify anything that appears duplicated or unusually frequent, and give me the questions to ask my property manager about what is legally required in my state versus optional. Do not suggest removing any legally required safety check.

    Quick modes

    WHAT TO PROVIDE

    • compliance line items from your statements
    • invoices if available
    • your state
    • property type

    ASK AI TO GIVE YOU

    • a short summary of the situation
    • the main issue
    • missing information
    • risks to investigate
    • questions to ask
    • the next three actions

    Privacy: do not paste passwords, tax file numbers, bank account details or other sensitive personal information into an AI tool. If a document contains personal details it doesn't need, redact them before uploading.

    What happens next

    With the breakdown in hand, decide the service level deliberately: keep everything genuinely required, keep extras that earn their place, and cut duplication. If anything looks like it's running more often than needed, discuss the right schedule with your property manager.

    Important considerations

    • Safety and legal compliance must never be reduced simply to save money — this is about understanding and de-duplicating the spend, not cutting required checks.
    • Requirements vary by state. Confirm anything uncertain with your state tenancy authority.

    THE HOLD QUESTION

    Could you list what you paid for compliance last year, and what each item actually was?

    NOT SURE WHAT TO ASK AI?

    Ask a Better Property Question

    Most people don't need more AI — they need to ask AI better questions. Type your question (or skip it) and copy a prompt that makes any AI tool ask you the right things first.

    I am trying to understand this property issue. Before answering, identify any important information that is missing. Ask me only the questions that materially affect the answer. Once I respond, explain the issue in plain English, separate facts from assumptions, identify the main risks and give me the next three actions. Flag anything that should be confirmed with a qualified professional.

    Privacy: do not paste passwords, tax file numbers, bank account details or other sensitive personal information into an AI tool. If a document contains personal details it doesn't need, redact them before uploading. This is a way to prepare — not financial, tax or legal advice.

    Not sure what else to review?

    Run the Annual HOLD Check

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