Urban Land & Housing – Tenant Tips – What happens when my lease expires?

You will find details of the expiry date in your lease agreement. If this date has passes, your lease becomes a “continuing agreement” This ensures all parties are bound by the original lease terms.

You can also request a lease renewal from the agent. The owner of the property has the right to renew the lease, let arrangements continue under the terms of the original lease or issue the appropriate notice requesting that you vacate the property.

It is important for you to discuss whether or not you want to continue living in the property with the owner or agent well before the expiry date of your lease, which allows everyone to make the necessary plans and arrangements.

Give me a call on 9672-6055 if you need any further advice.

Cheers Rach

Posted in Tenant Tips, Uncategorized on 24th February, 2012 | No Comments »

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