If a Tenancy Agreement Expires
25.02.2022 by lozontaAs a tenant, it`s important to know the terms and conditions of your tenancy agreement. This document outlines the responsibilities and rights of both the landlord and tenant during the rental period. But what happens if the agreement expires?
Firstly, it`s important to note that a tenancy agreement can be for a fixed term or periodic. A fixed-term tenancy agreement means that the contract has a specific end date, while a periodic tenancy agreement continues on a rolling basis until terminated by either party.
If your tenancy agreement is for a fixed term and the expiry date has passed, the agreement has technically ended. However, this doesn`t mean that you`ll need to vacate the property immediately. If your landlord hasn`t given you notice to end the tenancy, then the agreement will continue on a periodic basis until either party decides to terminate it.
In this scenario, the terms of the original agreement will still apply to the periodic tenancy. This means that you`ll still be required to pay rent and adhere to any other rules and regulations outlined in the agreement.
If, however, your landlord has given you notice to end the tenancy, then you`ll need to vacate the property by the date specified in the notice. This notice period will typically be at least two months for periodic tenancies, or until the end of the fixed term for fixed-term tenancies.
On the other hand, if your tenancy agreement is periodic, then it will continue until either party decides to terminate it. Your landlord can end the tenancy by giving you notice, while you can end it by giving notice to your landlord.
The notice period required will depend on the terms of your agreement, but typically it will be at least two months. Once the notice period has passed, you`ll need to vacate the property.
In conclusion, if your tenancy agreement has expired, it`s important to know whether it was for a fixed term or periodic. If it was for a fixed term, then the agreement has technically ended, but if your landlord hasn`t given you notice to end the tenancy, then the agreement will continue on a periodic basis until either party decides to terminate it. If your tenancy agreement is periodic, then it will continue on a rolling basis until either party decides to terminate it by giving notice.