Ending a lease can be a stressful time for tenants, whether it’s because the lease has naturally expired or because you need to break it early. Knowing your responsibilities and the proper steps to take can make the process smoother and help you avoid any potential issues with your landlord or real estate agent. This blog will explore what to do and what not to do in both scenarios: when your lease has expired, and when you need to break a lease.
Ending Tenancy After Lease Expiry
When your lease has expired, you have a couple of options:
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Renewing the Lease: Your landlord or real estate agent will typically notify you before the lease expires, giving you the option to renew. This is a good opportunity to negotiate terms or extend your stay if you’re happy with the property.
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Moving Out: If you or your landlord decides not to renew the lease, you should receive a notice of termination and all relevant information at least 60 days before the lease ends. This notice will give you ample time to find a new place and prepare for the move.
Key Responsibilities:
- Fulfill Lease Obligations: Ensure all rent is paid in full up to the end date of the lease.
- Property Condition: Check the property for any damages that were not present when you moved in. Fix any issues beyond normal wear and tear.
- Cleaning: Hire professional bond cleaners to thoroughly clean the property. A clean property increases the chance of getting your full bond back.
Breaking a Lease
Breaking a fixed-term lease early can be more complicated and costly. Here are some key points to consider:
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Written Agreement: Always obtain the written agreement of the lessor before deciding to break the lease. This agreement should outline the terms and any costs involved.
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Potential Costs: You might have to pay rent and maintenance expenses on the property until a new tenant is found or until the original tenancy period expires. You may also be required to cover reasonable costs incurred by the landlord as a result of breaking the lease early.
Key Responsibilities:
- Fulfill Lease Obligations: Ensure all rent is paid up to the date you vacate the property.
- Property Condition: Similar to ending a lease after expiry, ensure that any damages beyond normal wear and tear are fixed.
- Cleaning: Professional bond cleaning is essential to avoid disputes over the return of your bond.
Common Responsibilities in Both Scenarios
Regardless of how your tenancy ends, there are several common responsibilities you must fulfill:
- Full Rent Payment: Make sure all rent is paid in full up to the last day of your tenancy.
- Property Condition: Address any damages that are beyond normal wear and tear.
- Professional Cleaning: Hiring professional bond cleaners can help ensure the property is left in an acceptable condition, increasing the likelihood of getting your bond back.
What Not to Do
- Avoid Ignoring Lease Terms: Ignoring your lease agreement can lead to legal and financial troubles. Always adhere to the terms and seek clarification if needed.
- Don’t Leave Repairs Unattended: Leaving damages unaddressed can result in deductions from your bond or additional charges.
- Skipping Professional Cleaning: Skipping professional cleaning can lead to disputes over the bond return. It’s worth the investment to hire professionals.
Learn More
For more detailed information on ending a tenancy, you can visit the following resources:
By understanding and fulfilling your responsibilities, you can ensure a smooth transition out of your rental property, whether your lease has naturally ended or you need to break it early. Proper communication with your landlord or real estate agent, attention to property condition, and professional cleaning are key to leaving on good terms and securing the return of your bond.
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