Very noob in this sort of situation. I'm the landlord and I just signed up an Exclusive Management Agency Agreement Residential (Short Version) REINSW. In the Agreement section point #2 ... The Agreement shall commence on the blah and may be terminated by either party giving not less than 120 days written notice of termination but without prejudice to any accrued rights or incurred obligations. What does the above mean? Is this the rule of termination between me and the agency, or between me and the tenant? I've got this tenant lease expiry date which will fall on Mid April 2015 and basically I don't want them to extend because we will be moving-in to the property. If I calculated 120 calendar days prior to mid April 2015, that will take me to 16 December 2014 but was advised by the agent that this is not the case (this is not the way I should calculate it) and was advised to put in diary for start of February 2015 to give notice of termination. I'm confused .. can someone enlighten me please?