Written Notice from Tenants
Good Day, I currently have tenants renting my property from me. The lease agreement was for 12 months, they have how ever just given me 2 months written notice, only 4 months in to the contract. Is this legal with regards to the CPA? What rights do I have as the owner?
Unfortunately you did not provide reason why your tenants chose to cancel early.
The tenant can cancel the lease mid or halfway when there is a material or major breach, for example, failure by the landlord to allow the tenant free and undisturbed use, occupation and enjoyment of the premises.
Amended by author 1st November 2017, 11:12
A lease contract is usually for a fixed period of time, say 12 months. But, nothing stops the tenant from canceling before the stated period. Infact, it is within the tenants right to cancel at any time however he/she must give at the least, a 20 business days notice to the landord or as otherwise mutually agreed to. The landlord is entitled to claim cancellation penalty fees from the tenant. Note that our courts insists that the cancellation fee must be reasonable.