NEWS & PRESS

Tenancy Agreement 2016

The Residential Tenancies Act 2004 gave tenants the right to stay in rental housing after an initial period of 6 months to 4 years. This right is called a guarantee of ownership and applies to both periodic and temporary rental contracts. Their lease agreement then becomes a partial lease 4 and can be followed by another part 4 lease agreement – both described below. The Planning and Development (Housing) and Residential Tenancies Act 2016 extended Part 4 of the lease (property guarantee) from 4 years to 6 years. This applies to all leases from 24 December 2016. After the first 6 months, your rental agreement therefore becomes what is known as a rental agreement 4 – this refers to Part 4 of the Residential Tenancies Act 2004, which deals with the security of the property. If you have a periodic lease, you do not have to claim the lease in writing under Part 4, but you must claim it if you have a fixed-term lease agreement – see below. If you rent your home from a private landlord or licensed dwelling, you have an agreement or contract with that person or establishment, known as a rental agreement – which may or may not be in writing. The most common types of rentals are temporary rentals and periodic rentals – both described below. Tenants and landlords should be aware of their status as part of a rental agreement. Different types of leases/leases are available. The Housing Tenancy Act applies to any dwelling that is the subject of a lease. The following section describes the requirements for a tenant who wishes to terminate a rental agreement.

(As mentioned above, landlords must abide by other rules if they wish to terminate a rental agreement.) RTB also has information on its website on how a tenant can terminate a lease. The first category is that of basic rights and obligations, including the legal provisions applicable to all private housing rental contracts, repair standards and rental guarantees. These are “mandatory clauses” that must be included in any agreement established on this model. These concepts are defined and printed in bold in the law supporting secondary legislation and other relevant housing laws….


Please direct requests and inquiries to Rhiannon Richards - Sr. PR & Communications Manager, 22837 Ventura Blvd, 3rd Floor, Woodland Hills, CA 91364 or call 818-225-5100 ext 249 or rrichards@guarachiwinepartners.com

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