“What happens when the tenancy agreement expires in NSW? Do I have any obligations?“
When an agreement expires
We asked managing director at Real Property Manager, John Gilmovich for his advice:
“When a tenancy agreement end date expires, and neither landlord or tenant has served written notice on each other to end the tenancy, then the tenancy automatically rolls over,” John said.
The lease rolls into a periodic tenancy, complete with the same terms that were on the fixed term agreement.
“There is no obligation on the part of the landlord, nor the tenant to sign up for a new agreement, which can be negotiated by mutual consent in the future,” John said.
“It needs to be noted that notice periods to end a tenancy differ in a periodic tenancy.”
- Periodic agreements: How does this change my lease?
- I’m on a periodic lease, do I need to give one months’ notice?
- The pros and cons of month-to-month (periodic) agreements
- Fixed-term or periodic lease?
- Understanding your Residential Tenancy Agreement
- Lease up? Here are 5 excellent reasons to renew
- I should be on a fixed lease but I’m on periodic