When your tenancy agreement expires, it is important to know what steps to take next. Whether you are a landlord or a tenant, it is crucial to make sure everything is in order before moving forward.
As a tenant, there are several things you need to consider when your tenancy agreement comes to an end. The first step is to read the agreement itself to find out what the notice period is for either party to terminate the agreement. This notice period can vary from one agreement to another, but is usually around 30 days.
Once you’ve determined the notice period, you need to give notice to your landlord if you plan on leaving the property. This notice should be given in writing, and should include the date you plan on vacating the property. You should also ask your landlord for a reference if you plan on renting a new property in the future.
As a landlord, you also need to take certain steps when your tenancy agreement expires. You should contact your tenant to find out if they plan on renewing the agreement or vacating the property. If your tenant plans on renewing the agreement, you should send them a renewal contract.
If your tenant plans on vacating the property, you should arrange a check-out appointment to inspect the property and make sure everything is in order. You should also return any deposit money, minus any deductions for damages or unpaid rent, within a reasonable amount of time.
Overall, when your tenancy agreement expires, it is important to communicate with the other party and make sure everything is done in accordance with the agreement. By following these steps, the transition should be smooth for both parties involved.
