Ending a fixed-term tenancy
Question from Leanne updated on 8th March 2011:
Our expert Jeff Montgomery responded:
Fixed-term tenancy agreements cannot be terminated by notice. A fixed term can only be ended early by mutual agreement between the landlord and tenant, or by the Tenancy Tribunal in certain circumstances (e.g. where there has been an unforeseen change in one party’s circumstances that will cause financial hardship that outweighs the financial hardship of the other party – the Tenancy Tribunal can also award compensation to the other party in this situation). I suggest you discuss the matter with your tenant(s) to see if you can reach an agreement to end the term early. The details of any agreement should be recorded in writing, preferably on the tenancy agreement.
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