Property Management

Giving Notice

NOTICE REQUIRED BY TENANTS AND LANDLORDS

How much notice must my tenant give when they want to vacate the property?

This depends on the type of lease they have signed. If they wish to vacate the property on a periodic tenancy, they are required to give only 21 days notice in writing.
If they are on a fixed term lease they can vacate at the end of lease. Notice to vacate must be given by either party within the period of 90 days from the end of the fixed term tenancy and 21 days from the end of the fixed term tenancy.
We will approach the tenant on your behalf to seek their intention to either renew the lease or vacate the property prior to the conclusion of a fixed term lease.
If a tenant breaks their lease, they may do so with little to no notice, however they are liable for the rent until a new tenant is secured or to the end of the lease, whichever occurs first.

What happens to the tenancy if I wish to sell my property?

You may sell your property at any time, however written notice must be given to the tenant of this intention.
Any fixed term lease in place is guaranteed to your tenant. This means that if a person buys your property with the intention of occupying it, they must wait until the tenancy is finished unless the current tenant agrees otherwise. In the case of a periodic tenancy the tenant must be given 42 days notice to vacate from the time that the sale contract becomes unconditional.

What if I want to move in or someone from my family wants to move in?

Again, any fixed term lease is guaranteed unless the tenant agrees to move out.
In the case of a periodic tenancy 42 days notice is required. Please note that the Tribunal has held that a Family Trust or a company cannot have “family” and, where ownership is by way of these vehicles, 90 days notice is required.

Can you sell my property on my behalf?

Of course! Selling your property is part of the service we provide.
It is always preferred that we sell your property if and when you wish to sell as it is much easier to coordinate access with the tenant between the Sales and Property Management departments when you use the same agency for both services.
Your tenant may be more comfortable dealing with a company they are already familiar with.