On 30 January 2025, changes to the Tenancy Act will come into effect, impacting landlords and tenants. These amendments aim to clarify tenancy terminations and fixed-term agreements. Here's a summary of the key updates.

Key Changes to Tenancy Terminations

Periodic Tenancies From 30 January 2025, landlords can terminate a periodic tenancy with “no cause” by giving 90 days’ notice. They can also provide 42 days’ notice if:

The owner or a family member requires the property as their principal residence for at least 90 days.
The property is sold with vacant possession.
The property is needed for the landlord’s employees or contractors as stated in the tenancy agreement.

Tenants can end a periodic tenancy with 21 days’ notice.

Important Notes:

Notices issued before 30 January 2025 remain valid.
Retaliatory notices may be set aside, with up to 12 months for tenants to seek damages.

Fixed-Term Tenancies

Fixed-term tenancies will automatically transition to periodic tenancies unless:

Either party gives notice to end the tenancy 90 to 21 days before its expiration.
Both parties agree on a different arrangement.

For tenancies expiring on or before 30 April 2025, the current rules apply. For those expiring on or after 1 May 2025, the new rules will apply.

Key Dates to Remember

30 January 2025: New rules for periodic tenancies take effect.
1 May 2025: New rules for fixed-term tenancies come into effect.

How These Changes Impact You

For Landlords: These changes provide more flexibility but require compliance with updated notice periods to avoid penalties.

For Tenants: The rules strengthen tenant protections and simplify transitions between tenancy types.

Need Help Navigating These Changes?

Have questions? Our experienced team is here to help you navigate the new Tenancy Act and stay compliant. Contact us today!