What Happens When The Tenancy Agreement Ends

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Landlords are often angry when tenants have moved without informing them. Sometimes they may even include in their tenancy agreement a clause that requires the tenant to terminate his application if he wants to leave at the end of the fixed term and provides for him the payment of a “rent instead of a termination” if they do not. You can inform your landlord in writing that you want to end your periodic rent. You must: If you are nearing the end of your fixed-term lease, now is the time to decide. As long as your landlord has not promised to leave the property, three options are open to you. Talk to your nearest citizen council before deciding to leave your lease prematurely. They can talk to you through your notification options in the right way, so you can avoid problems when you are looking for a new home. You are not required to announce your departure on the last day of your term, unless your lease tells you that you must do so. Your lease tells you when the break clause may apply. For example, your break clause might indicate that you can terminate your lease 6 months after the start if you terminate 1 month in advance. If no new temporary lease or renewal documents are signed, the lease continues on this periodic basis. The main advantage of a new lease is that you benefit from the security of the mandate for the new temporary term. If your landlord agrees to have a new tenant, make sure you receive your landlord`s agreement in writing.

The agreement must make it clear that your lease is over and that a new lease has been created for the new tenant. In accordance with Section 54 (2) of the Property Act 1925, it is not necessary to have a formal lease agreement written when a tenant resides in a property and pays rent when there is a fixed term of 3 years or less. A new lease is created automatically. If your rental period runs from the 4th of each month to the next 3 months, it would mean that, in most cases, the period is monthly or weekly, depending on how the rent is to be paid according to the terms of the tenancy agreement.

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What Happens When The Tenancy Agreement Ends

by Loretta Prieto time to read: 2 min
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