Ending Tenancy

Read our Residential Tenancy Handbook for essential information regarding the end of your lease.

We recommend all tenants obtain a copy of the Residential Tenancy Handbook – available at the NSW Legislation website – click here for an online copy

Please refer to Part 5, Division 3, Clause 96 for the most up to date infomation regarding giving notice.

14 days notice is required in writing. Verbal notice is not acceptable. Notice takes effect from the day it is received, not the date you mail it. Fax and E-mail notices are the best for us.

21 days notice is required same applies as above.

You are required to notify us in writing of your intention to vacate early. We will advertise the property once your notice is received.

Arnold Property is using the Additional Term “break fee” for all our lease breaks. Please see the new clause below.

Due to the new break fee law changes in NSW that took effect on 23/03/2020, the tenant is liable for

 

  1. 4 weeks (break fee) rent if less than 25% of the fixed term has expired, Clause 51.1
  2. 3 weeks (break fee) rent if 25% or more but less than 50% of the fixed term has expired, Clause 51.2
  3. 2 weeks (break fee) rent if 50% or more but less than 75% of the fixed term has expired, Clause 51.3
  4. 1 weeks (break fee) rent if 75% or more of the fixed term has expired, Clause 51.4

If the owner wishes to end the tenancy, the following applies.

If your lease agreement is about to expire:
The owner is required to give you thirty (30) days written notice. This can also be issued on the last day of the tenancy agreement.

If your lease agreement has expired:
The owner is required to give you ninety (90) days written notice.

If the property has sold and the lease agreement has expired:
The owner may terminate the agreement by giving thirty (30) days written notice, on the exchange of contracts for sale.

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