Uhm ?? I just received an email from one of my PM's. She informed me there are some changes to the NSW Residential Tenancies Act in 2019 New residential tenancy laws Most of it was pretty reasonable apart from Introducing mandatory set fees for breaking a fixed-term lease early. The break fee will apply to all new fixed-term leases that are 3 years or less that are entered into after the new laws start. The break fees are: 4 weeks’ rent if 75% or more of the lease remains 3 weeks’ rent if between 50% and 75% of the lease remains 2 weeks’ rent if between 25% and 50% of the lease remains 1 week’s rent if 25% or less of the lease remains To which she informed me.....that should a tenant only have 25% left on their lease they can walk with only 1 weeks notice-the rest of the bond (3 weeks) can only be applied to damages and the rest must be refunded. Surely this cant be right can it? My interpretation is that the tenants are still liable for all rent up until you secure new tenants OR the end of the lease HOWEVER the max you can charge them for advertising,agents fees,writing a new lease etc is 1 weeks rent. Anyone on the list have a definitive answer?