Renewing Your Lease Agreement

Provided that your rent has been paid on time, and the property has been kept clean & undamaged and the landlord is happy to continue your tenancy,  we will advise you of the impending expiry of the Tenancy Agreement and advise of our instructions whether a further term is to be offered and under what terms.

Once your invitation is received, it is important that you let us know whether you accept the renewal invitation or you wish to vacate.

It is best to advise your landlord/agent in writing as soon as possible.

The Residential Tenancy Agreement has a continuation clause, which allows you to continue on under the same terms and conditions at the expiry of the fixed term (continuing basis), unless you receive correspondence stating otherwise i.e notification of a rent increase or notice to vacate.

Benefits of being on a fixed term agreement is that the rent is set for the period of the lease (unless agreed to within the agreement prior to signing) & you have security for that period that you will not have to vacate.

The landlord also benefits knowing they have a great tenant and have security for the term of the Tenancy Agreement.