Ending Tenancy Information
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.
Please refer to the Residential Tenancy Regulations 2010. Arnold Property is using the Additional Term “break fee” for all our lease breaks. Please see the new clause below.
Additional term—break fee
42. The tenant agrees that, if the tenant ends the residential tenancy agreement before the end of the fixed term of the agreement, the tenant must pay a break fee of the following amount:
42.1 if the fixed term is for 3 years or less, 6 weeks rent if less than half of the term has expired or 4 weeks rent in any other case.
The 4/6 weeks rent is payable as of your vacating date. This fee also covers all the Landlords re-letting expenses incurred due to your early vacation.
When a owner requires possession
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.