If you’re looking for rental properties in Darwin, you may need to know about average lease lengths and what each type of rental agreement means. At Elaine Mills Property Management, we will provide you with all the information you need to understand the type of contract you are entering into. Read on to find out the lease lengths for each agreement type and feel free to contact us for expert advice on rentals in Darwin.
A short fixed-term agreement is probably the most common type of rental agreement for rental properties in Darwin. While these agreements are often for 6 months or 12 months, they can be for up to 5 years.
When a fixed-term agreement ends, it will automatically become a periodic, unless all parties sign a new fixed-term agreement. When an agreement ends and becomes a period agreement, the conditions of the fixed-term agreement still apply. Periodic agreements can be ended by the tenant or landlord according to the terms set out in the rental contract.
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If you need a house for rent in Darwin, then contact Elaine Mills Property Management today and we can help you find the perfect property to meet your needs. Just call our team on 08 8983 1800.