My question is about the tenant agreement. I want to terminate the contract early, so I will have to pay a rental bond

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Customer: My question is about the tenant agreement. I want to terminate the contract early, so I will have to pay a rental bond equal to 4 weeks' rent to my landlord. However, my landlord proposed that in addition to the deduction of the bond, I also need to pay four weeks' rent as break fee. Besides, since I didn't give her 14 days' notice in advance, she said that I should add one more week, that is, pay her 5 weeks' break fee. I don't think it's very reasonable. I want to ask, is it in accordance with the law?
JA: Because laws vary from place to place, can you tell me what state the property is in?
Customer: NSW
JA: What are the terms of the lease? Any issues related to maintenance or upkeep?
Customer: The agreement we signed was "Standard from residential agreement."
JA: Anything else you want the Lawyer to know before I connect you?
Customer: I showed my landlord the definition of a break fee in NSW law, but there was no clear word for a bond,i mean, the relationship between break fee and bond
Answered by Daniel in 1 hour 2 years ago
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Daniel
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Daniel
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Daniel
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14350 Satisfied customers

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Jessica

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Daniel, Expert

Hello

Options:
Negotiate?
Can you not meet at half way? Perhaps offer 6 weeks notice / rent and the return of the bond?

Issue:
Do to the current lock down of course, it will be MONTHS before the NCAT will hear this matter in any event so both of you need to negotiate forthwith, the landlord more so as they will have to wait till at least August to even get a court date.

Bond:
Bond is only for damage of property, nothing more.

What to do?
Offer 6 weeks.

I wish to help you in this situation.

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Customer
I have the will to consult with her, but I want to ask if this behavior is legal? Deduct 4 weeks bond and charge 5 weeks break fee?
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Daniel, Expert

It isnt illegal.
Is there a lease agreement?
Customer
we have. But they think both the bond and break fee are the losses that I should give them for early termination of the agreement. If the bond is just a guarantee of the property, I didn't destroy any of his property
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Daniel, Expert

Hello
The above information I provided has not changed then really.
Offer to settle with what I have proposed.

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