Terminating & Vacating
Terminating a rental agreement - NSW
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Terminating a rental agreement - Victoria
Click here to download Vacation Notice from renters
Either the rental provider or the renter can terminate a tenancy by giving the other party the appropriate notice under The Residential Tenancies Act 1997.
If a renter wants to simply vacate whilst on a monthly tenancy, 28 days written notice is required. It is accepted as received the day it arrives at our office. If there is still a fixed term in force, the renter should call their Property Manager to discuss finding a suitable renter ASAP. 28 days written notice is still required. The renter is also responsible for the following:
a) Pay rent until the property is re-let to an approved renter by the rental provider or continue to pay rent until the expiration of the fixed term agreement, whichever occurs first.
b) Pay a pro rata letting fee to the agent.
c) Pay any pro rata advertising fee
d) Pay for credit checks conducted on new applicant's pro rata
Please refer to your rental agreement regarding any associated costs pertaining to a lease break situation.
Vacating/Final Inspections
Upon receiving written notice that a renter is vacating, our company will confirm this and provide a checklist as to how the renter should leave the property. In short, the property should be left clean and tidy, gardens attended to and if any accidental damage has occurred, this should also be attended to prior to the final inspection.
Our policy is to conduct a final inspection within 48 hours of all keys, remote controls etc ( if applicable) being returned to our office. On the basis that this has been done, most final inspections are straight forward to conduct. Our reference is always the original Condition Report completed by both parties at the commencement of the tenancy. A bond claim form is completed and signed by both the renter and the agent to release the bond to the renter. Any agreed deductions may be deducted from the bond.
If there are any disputes between the rental provider and renter and an agreement cannot be reached, a VCAT hearing will be applied for by our company. At this hearing, a referee hears evidence from both parties and will then make a binding decision. We feel it is wise to reach an agreement between both parties to avoid this - often time consuming process.