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Quick general question about fixed lease exit

Discussion in 'Property Management' started by Excalibur1, 25th May, 2016.

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  1. Excalibur1

    Excalibur1 Well-Known Member

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    Hi all

    Just wanted to see how much notice if any needs to be given when fixed lease is finishing? I read somewhere that 2 weeks need to be given to landlord /agent? Is that correct?

    Or once the lease is finished you just vacate the property before it goes on periodic lease.

    This is in NSW.

    cheers
     
  2. Nick Valsamis

    Nick Valsamis Real Estate Professional

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    It is 2 weeks notice before the end of the fixed term and 3 weeks outside of the fixed term.
     
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  3. Excalibur1

    Excalibur1 Well-Known Member

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  4. Excalibur1

    Excalibur1 Well-Known Member

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    @Nick Valsamis sorry Nick one more question..... During the 2 week notice does the agent have the right to access the property and show to potential future tenants? Can the request to show the property be refused?
     
  5. Ed Barton

    Ed Barton Well-Known Member

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    Who's giving notice? The tenant or the LL?
     
  6. Excalibur1

    Excalibur1 Well-Known Member

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    Last edited: 26th May, 2016
  7. Nick Valsamis

    Nick Valsamis Real Estate Professional

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    Technically it can be refused, but if the agent has a good working relationship with the tenant then they shouldn't have any issues with access. Normally reasonable notice is required and should be permitted for the last 2 weeks.

    Otherwise by law you can give 7 days notice for the purpose of an inspection and you are given 4 per year. Assuming only 2 routine inspections have been done over the 1 year period then you will be able to conduct 2 more inspections for the 2 weeks before the tenant moves out.
     
    Last edited: 26th May, 2016