In this blog, we are going to focus on the area that causes the most confusion around how a landlord can give notice to a tenant before the end date of a fixed term.
Instead of actually coming to an end, a fixed term will automatically transition to a periodic tenancy unless certain rules apply to it, to prevent it from becoming periodic. So, what are those rules?
- the parties agree to renew or extend
- both parties agree it will end
- The tenant provides written notice that they wanted to end
- or crucially if the landlord provides the valid reason to end the fixed term tenancy with notice given by any of the reasons stated in section 51
This remedy is really important to understand, it means that you can use a notice to bring a fixed term to an end with 10 different reasons authorized by section 51.
Good news? You don’t need to know what to do, just contact Uno Property Management and we will sort it out all for you!!!