In Queensland, a residential tenancy agreement is used for contracts between the two: in addition, some leases may include punitive clauses that require the tenant to pay „rental fees“ to cover part of the landlord`s costs of re-renting the premises. However, the amount of „replacement“ costs must be reasonable and must be a preliminary estimate of the harm the lessor will suffer if he has to re-rent the premises prematurely. A loan bond/guarantee is an amount that the tenant pays to the lessor to ensure that the tenant fulfills all obligations arising from the tenancy agreement. The lessor holds the deposit for the duration of the trust lease to ensure that the tenant is not in default under the terms of the tenancy agreement or that he is damaging the property. If the tenant damages the property (without normal „wear“ or if the tenant has not paid rent, the tenant has the right to recover the amount due from the deposit. As a general rule, the tenant must make the deposit available to the landlord at the beginning of the term of the tenancy agreement. At the end of the term of the tenancy agreement, the tenant recovers the deposit reduced from any deductions for repairs/restorations. The client will then have three days to sign the report on the condition of entry and note any disagreements in the report. The client must return the signed registration report to the owner/agent, who must then return a copy of the final report to the client.
The lessor/agent must keep a copy at least one year after the end of the lease. Before the lease expires, you do not have to respect the owner`s intention to renew the lease. The termination must take place some time before the expiry of the tenancy agreement, as required by law in your jurisdiction. This period is called „notice.“ As a general rule, the termination period is one month for leases of one month or less and two or three months for leases longer than one month, but this varies by jurisdiction. You should consult the statutes of jurisdiction in which the property is located in order to know the necessary notice period for your lease. If a term „fixed“ is chosen, the tenancy agreement can be pursued at expiry if the landlord and tenant wish to do so.