Property Property Insider
Email us: propertyinsider@echo.net.au
The ins and outs of tenancy agreements
Record sale in Bruns Fiona Crandell from Elders Real Estate Brunswick Heads made another record sale on Saturday when 7/12 Fawcett Street sold under the hammer for $1,023,000, marking the first unit to sell in town above the magic million-dollar mark. Previously the last highest sale of a single unit in Brunswick Heads was $855,000 for 3/7 Fingal Street, which Elders also achieved last October. ‘Our campaign attracted more
than 100 enquiries and 62 inspections. We sent out more than 20 contracts and had seven registered bidders on the day. It was a fantastic result for our client and the new owners are also very happy to have secured the property on the day. Now we just need to fi nd something for all our under-bidders.’ If you want to see all the action there is a video on YouTube: h t t p s : // w w w.y o u t u b e . c o m / watch?v=FPh-l2bF9mk.
“A Storybook Setting” 12 acres of picturesque land complete with a beautiful babbling creek. The rear of the block offers a lush rainforest remnant with the remainder of the property being approx 9 acres of clear land with wide level cleared areas. The modest cottage would be the ideal spot to live whilst designing and building your dream home. Just moments to Newrybar village & a short drive to beaches at Lennox & Byron Bay.
NSW Fair Trading has a Q&A series on tenancy agreements and specifically ending a tenancy before the fixed term. Here are a couple of examples, and you can find more on their website http:// www.fairtrading.nsw.gov.au/ftw/ Tenants_and_home_owners.page. Q: How much notice does a tenant need to give if they want to leave before the fixed term of the lease ends? A: The amount of notice a tenant needs to give to terminate the lease early depends on the circumstances. A tenant can give 14 days’ written notice to end the agreement early if: they have been offered and accepted social housing, or they are moving into an aged-care facility a final apprehended violence order (AVO) is in force that prohibits someone they were living with from having access to the premises
594 Hinterland Way NEWRYBAR
$995,000 Inspect Thurs & Sat 3 - 4pm Lorna Bailey - 0410 609 789 0DU\ 2¶&RQQRU - 0418 462 849 3 bed, 1 bath, 1 car
you have notified the tenant of your intention to sell the premises; this does not apply if the tenant was told the property would be sold before they signed the lease the landlord is in breach of the lease. A tenant can give you 21 days’ notice if the lease has a fixed term of two years or more and they have been given them a rent increase notice, or if their co-tenant dies. If the tenant wants to end the tenancy for some other reason, the landlord is entitled to claim compensation from them for the early termination of the lease. The amount of compensation payable depends on whether the lease has a fixed break fee clause, and how much of the fixed term of the lease has expired. Q: The landlord has breached the tenancy agreement by interfering with the tenant’s right to reasonable peace and privacy. Is the lease
“Carinya” Positioned in the hinterland with panoramic views to Mt Warning, the Border Ranges & beyond, this stunning rural retreat perfectly aligns with the beauty of its surrounds. The original residence, constructed in the 1890s has undergone an extensive renovation to reveal a luxurious home on 108 acres with northerly aspect. 2 cottages offer options for home office, visiting friends or possible commercial opportunities (STCA)
able to broken? A: If a landlord has breached the tenancy agreement and has not remedied the problem, the tenancy may be able to end early without penalty. Bear in mind that the breach needs to be serious enough to justify the early termination of the tenancy. The landlord needs 14 days’ notice that the lease is being terminated because of the landlord’s breach, or the tenant can apply to the Tribunal for an order terminating the lease. The tenant will need to provide evidence at the Tribunal that the breach justifies ending the lease. The Tribunal can refuse to make an order if the landlord remedies the breach. Alternatively, an application can be made to the Tribunal for an order that the landlord fix the breach or that they stop breaching the agreement.
19 Stanger Road STONY CHUTE
$1.3 - $1.5 million Inspect By Appointment Gary Brazenor - 0423 777 237 Denzil Lloyd - 0481 864 049 4 bed, 3 bath, 3 cars
Great Results & a Great Experience ...is our specialty! North Coast news daily: www.echonetdaily.net.au
The Byron Shire Echo March 14, 2018 19