Notice Clause In Tenancy Agreement

State:
Multi-State
Control #:
US-ND1511
Format:
Word; 
PDF
Instant download

Description

This form provides boilerplate contract clauses that outline effective methods of delivery for notices served pursuant to the terms of the contract agreement. Several different language options are included to suit individual needs and circumstances.

How to fill out Notice Provisions - Methods And Effectiveness Of Delivery?

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FAQ

A break clause is a tenancy agreement clause that allows either the tenant or landlord, to end the tenancy agreement during the fixed term. For example, a 12-month tenancy agreement with a six-month break clause would allow either party to end the tenancy in accordance with that clause.

A break clause is a provision in a lease which enables either the landlord or the tenant, or both, to end the lease early. In today's challenging economic climate tenants are cutting back their businesses or looking to re-negotiate more favourable lease terms, and are choosing to exercise their break options.

The minimum notice requirement is 28 days. If you have a monthly tenancy, you will have to give one month's notice. If you pay your rent at longer intervals you have to give notice equivalent to that rental period. For example, if you pay rent every three months, you would have to give three months' notice.

The wording will be something like: This agreement can be ended by the landlord or a tenant giving two months' notice in writing to expire at any time after six months after the start of this agreement. It is standard practice to have at least a 6 month break clause term in place.

The minimum notice requirement is 28 days. If you have a monthly tenancy, you will have to give one month's notice. If you pay your rent at longer intervals you have to give notice equivalent to that rental period. For example, if you pay rent every three months, you would have to give three months' notice.

You should say something like: I am giving 1 month's notice to end my tenancy, as required by law. I will be leaving the property on (date xxxxx). I would like you to be at the property on the day I move out to check the premises and for me to return the keys.

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Notice Clause In Tenancy Agreement