“What happens when the tenancy agreement expires in NSW? Do I have any obligations?”
We asked Founder, Director and Senior Property Manager at Real Property Manager, John Gilmovich for his advice:
“When a tenancy agreement end date expires, and neither landlord nor 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.”
John Gilmovich
John Gilmovich is the Founder, Director and Senior Property Manager for Real Property Manager Pty Ltd in Five Dock, Sydney. An independent mobile agency with a purpose to provide personalised property management services to the Sydney property investor community, Real Property Manager is powered by a new innovative property management disruptor- Rent360. John has almost three decades of industry experience and is highly skilled in rental property management and property investing.