Hi All, just want to pick your thoughts:
We are renting a place (in NSW), and the rent will increase by 20% at the end of our contract (end of May). I understand that this things could happen, but with several reasons, me and my wife have decided that we might as well move to elsewhere instead. (Reasons at the end of the post)
Q1: If we completely follow the rule, what's the Minimum notice period for giving our agent a termination notice?
According to FairTrading NSW, End of the fixed term agreement = 14 days, End of the periodic agreement (no specified reason) = 21 days.
Given our 1 year fixed term (contract renewed after the initial 6 month contract) is ending by end of May, are we expected to give 14 or 21 day notice?
Q2: We are starting to look for new place to rent, for our benefit, when should we start our lease?
We do expect some overlap between the 2 leases, given how hard it is to rent a new place as of right now, what move in date should we put into our application? Most place listed on realestate.com.au have available dates from around 20th April - 1st May ish at this moment, if we put in move in date in early May, a month overlap seems a bit too much?
Q3: In case if we weren't successful in any rent application, I still need a place to live, what should I tell my agent?
can we tell the agent we are submitting rent applications right now and expect to move out in a uncertain date?
Q4: RealEstate.com.au requires an Address Reference by agent on applications, Should I, and when should I give out our agent's contact detail?
Are we going to experience any back fire if they knew we are considering moving out?
reason to move out:
Place we live is near a busy(yet small) intersection.
Tons of reckless drivers, making noise all the time, Raving the engine and honk their horn, tyre noise too, happens regardless of time, sometime even in late night 2-4 am.
The Unit we live in have an open back yard for all tenants to park, random people keeps driving in to the backyard and park at our private spot.
other tenant dump rubbish (like old furniture) on the curb all the time
it was considered cheap before, the layout of the house is decent, the house is relatively clean too, plus they accepted our rent application even when we had 2 cats, so we have been bearing it for the past year and half.