Can the notice period for rent increase be within fixed term period?

Discussion in 'Legal Issues' started by kennyboi, 27th Jul, 2018.

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  1. kennyboi

    kennyboi Well-Known Member

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    Hi,

    In NSW, can the 64 days notice period for rent increase be within fixed term period, with the rent increase only effective when fixed term period expires?

    Thanks
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    Yes, any notice can be issued during the fixed term but only some can take effect during the term eg: breach. The increase cannot take effect during the fixed period.
     
    Lil Skater likes this.
  3. Yson

    Yson Well-Known Member

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    But is it ok to increase the rent during the fixed period if tenant agrees in exchange eg for an air cond?
     
  4. Lil Skater

    Lil Skater Well-Known Member Business Member

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    Normally you can terminate the existing lease under mutual consent - but I’d get this in writing first and double check fair trading, my experience is only in Vic.
     
    JacM likes this.
  5. Terry_w

    Terry_w Broker, Lawyer, Tax advisor, Debt Recycle advisor Business Member

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    Have a read of the residential tenancy act