Moving On…If you’ve decided you wish to leave your rental property, there are a few things to consider.
Leaving Before a Lease has Expired
If you want to move out of a property or end a fixed term agreement before the end date, you are breaking the agreement (also referred to as breaking the lease). We ask that notice (Form 13 Notice of intention to leave) is given to Pure Real Estate as soon as possible. As a Tenancy Agreement is a legally binding agreement, there are costs associated in the event the Tenancy Agreement is broken.
In a break lease situation, all terms of the existing General Tenancy Agreement continue to apply, including rent payments until either a new tenancy commences or at the expiry of the existing fixed term (whichever occurs first). You may also be required to reimburse the landlord for any re-letting fees (equivalent of one week’s rent plus GST) and any reasonable advertising costs incurred.
Pure Real Estate will endeavour to re-let the property as quickly as possible to mitigate any financial loss.
Leaving at the Conclusion of your Lease
If you choose to vacate at the end of your lease, you are required to submit a Form 13 Notice of intention to leave two weeks prior to the end of your lease. The property will need to be cleaned and returned to the same condition as it was before you moved in.
Vacating the Property
When it comes time to vacate your actual property, follow these tips to ensure a smooth move and to help you get your bond refunded in the shortest possible time:
Exit Inspection & Bond Refund
Your Property Manager will schedule an exit inspection of the property within 3 days of your vacate date. Your Property Manager will report to you any maintenance issues and give you the opportunity to fix the issues.
Your Property Manager will issue you with a Form 4 Refund of Rental Bond that you will be required to sign. This form will then be forwarded to the RTA and your bond will be deposited directly into a nominated account.