Ending your tenancy

So its time to move on! If you’re planning to vacate you need to give notice by completing the online vacate form. Depending on where you are in your lease agreement your minimum notice period may be different.

Ending a fixed term agreement

A fixed term agreement may be ended by the landlord or the tenant by giving written notice of termination. The notice may be given at any time up until the end of the fixed term but cannot take effect until the term ends. The landlord must give at least 30 days notice and the tenant must give at least 14 days notice.

Ending a periodic agreement

A periodic agreement may be ended by the landlord or the tenant by giving written notice of the termination. The notice may be given at any time. The landlord must give at least 90 days notice and the tenant must give 21 days’ notice.

Ending the lease early

When you sign a fixed term tenancy agreement (lease) you are committing to stay for the full term. If your circumstances change and you want to move out before the end of the fixed term there are potential costs involved.

You may have to pay rent until a new tenant takes over or the fixed term period ends, whichever occurs first, and a percentage of the advertising costs and the agent’s reletting fee.

If you need to end your agreement early you should give as much notice as you can. We will take all reasonable steps to find a replacement tenant as soon as possible. The more you can do to help, the less you may have to pay. You should make it as easy as possible for us to show the premises to potential new tenants.

Vacating

It is your responsibility to leave the premises in the same condition as it was when you moved, less fair wear and tear.

Remember to:

  • Ensure that our office has your new forwarding address and latest contact numbers
  • Ensure your rent is paid in full Return all keys to the office including letterbox keys
  • Arrange disconnection of your telephone, electricity and gas services
  • Re-direct all mail to your new address

Please refer to the Final Inspection Guide for further information and a list of items that you should check prior to vacating the property. Please also note that the rent will be due and payable until all necessary cleaning and repairs have been completed and all keys have been returned.

Getting your bond back

Your rental bond is lodged with the NSW Department of Fair Trading at the beginning of your tenancy. The bond is held as security against any breach of your residential tenancy agreement.

At the end of your tenancy following the final inspection and provided any outstanding issues have been addressed a bond refund form will be completed and direct deposit refunds are usually in your account within 2 working days.

If there are any issues with the apartment at the end of your tenancy it could delay the refund of your bond for up to several months. To avoid this talk to your property manager about any potential issues.