27 Aug 13
All tenants are required to give specific notice when they wish to vacate the property. Rent Star ensures that all notice periods given by tenants is in full compliance with the Residential Tenancy Agreement signed by the tenant.
To minimise potential vacancy we implement the following procedure. 3.5 month - 2.5 months before the lease is due to end we will contact you to discuss the tenancy, give our recommendations of a rent review & seek your instructions as to whether a new lease will be offered to the tenant.
We then contact the tenant to either offer the new lease and seek their intentions or issue a notice to vacate. At least 2 months before your lease expires your tenant has either signed a new lease or given written notice that they will vacate at the end of the lease.
This allows our leasing team ample time find the best tenant possible and minimise downtime. Sometimes, tenants have to break lease due to job transfers, etc. In this situation, your property will be advertised and a new tenant found for your approval, while the current tenant continues to pay their rent and any associated costs.