FIXED TERM TENANCY
A Fixed Term Tenancy Agreement is an agreement that has a set or fixed expiry date and cannot be extended past that date. There are no continuation or carry-over provisions on such agreements.
A Fixed Term Agreement occurs commonly when a property is on the market for sale or the owner intends to re-occupy the property at a specified date.
It is vital that all parties remain aware that notice is required to deliver vacant possession at the end of the fixed term.
Please be assured that we will act accordingly to ensure that the tenancy is ended on the specified date.