July 2014

Residential Tenancies Act 2010 change provides clarity for property managers

Changes to section 100(1)(c) of the Residential Tenancies Act 2010 (NSW), which affects a tenant’s right to terminate a fixed-term agreement early without compensation to the landlord, are expected to commence on Friday, 4 July 2014.

Section 100(1)(c) of the Act currently allows the tenant to give a termination notice for a fixed-term agreement if the landlord has notified the tenant of their intention to sell the residential premises and did not disclose that proposed sale before entering into the residential tenancy agreement.

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