A fixed term tenancy agreement has a specific expiry date when the agreement ends and a tenant is required to leave the premises. Usually when the expiry date is reached and:
A no-fixed term tenancy agreement can end if:
If there is a current tenancy agreement (fixed and no-fixed term) and the bank forecloses on the property, the tenant must be given 28 days notice to vacate by whoever is managing the property at the time of the foreclosure.
A property owner who sells a property that has a current fixed term tenancy agreement in place must sell it with the existing agreement and tenants. The tenant and property owner can negotiate to end the current agreement early at no cost to the tenant. If the tenant and property owner cannot reach an agreement to end the current agreement early, the lease remains for the terms stated on that agreement.
If there is a current no-fixed term tenancy agreement and the property owner sells the premises the owner must give the tenant 28 days notice to vacate.
Tenants must pay rent for any days they occupy the property. If they do not return the keys they will also be responsible for the cost of re-keying or replacing locks.
Before moving out tenants should review the condition report and make sure the property is left in the same condition apart from fair wear and tear. The tenancy agreement may also require professional carpet cleaning. A receipt will need to be provided for this.
For more information on specific issues such as carpet and general cleaning see the renting A-Z.