In addition, some leases may include punitive clauses under which the tenant must pay „rental fees” to cover part of the landlord`s cost of re-renting the premises. However, the amount of „replacement” costs must be reasonable and must be a preliminary estimate of the harm the lessor will suffer if he has to re-rent the premises prematurely. 1. Make sure you have carried out a check on the tenant (which you can arrange on us) 2. Make sure you have called/checked all rental references (they are asked to: Make sure you have proof of identity, proof of income, proof of address and proof of lease history (e.g., lease. B, written reference or rental book), orders and sublettings will be made if the tenant passes on his rights to third parties. A sublease or transfer is usually subject to the owner`s consent. An assignment is made when the tenant grants a third party all the remaining rights to a tenancy agreement for the duration of the tenancy agreement. When a tenant transfers property and the lessor accepts the transfer, that tenant no longer has any right to the property or any obligation to the landlord. In subletting, the tenant can transfer to a third party a part of the rented area (for example. B a room in a house) or part of the lease (for example.
B for 5 of the remaining 6 months of the lease). The original tenant retains all the rights to the lease he has that have not been transferred to the third party and also retains most of his obligations under the lease. The original tenant can still take legal action and be sued by the landlord for rent violations. Before the lease expires, you do not have to respect the owner`s intention to renew the lease. The termination must take place some time before the expiry of the tenancy agreement, as required by law in your jurisdiction. This period is called „notice.” As a general rule, the termination period is one month for leases of one month or less and two or three months for leases longer than one month, but this varies by jurisdiction. You should consult the statutes of jurisdiction in which the property is located in order to know the necessary notice period for your lease. It is recommended that the tenant carefully read the agreement before signing and keep a copy of the agreement for the duration of the lease. In the Northern Territory, a lease agreement can be written in writing or orally. Whether the agreement is written or oral, the same laws and regulations as those established by the Northern Territory government apply.
In most jurisdictions, a minimum period of termination is required by law. The tenancy agreement may set a longer termination period than the legal minimum, but it cannot specify a shorter period than the legal minimum. If this is the case, the legal minimum is still necessary. They should consult the status applicable to these statutory minimum requirements, as they vary according to the jurisdiction, nature and duration of the lease.