Hi All,
Can anyone explain to me what is the advantage of having a renewal on a rental lease, after tenants lease expires?
My property agent says no need for a renewal, but I don’t agree with them & have instructed them to have the tenants sign a new 6 month lease.
What if tenants don’t want to sign a renewal lease, what are the risks?
IP is in NSW.
Cheers
George
Can anyone explain to me what is the advantage of having a renewal on a rental lease, after tenants lease expires?
My property agent says no need for a renewal, but I don’t agree with them & have instructed them to have the tenants sign a new 6 month lease.
What if tenants don’t want to sign a renewal lease, what are the risks?
IP is in NSW.
Cheers
George