Terminating old tenancy and replacing with a new one (same tenants)

[AMR]

Hi all,

I am considering bringing my property management back in house and need to make a few changes to the TA to cover the following changes:

• Transfer the agreement from my PM company's name into my name
• Bind all tenants to the TA rather than just the head tenant
• Remove part of the back yard from the TA due to a boundary adjustment with the neighbour
• Remove the carport
• Include a new title plan in the TA (which was drafted up before a new minor dwelling was built)

Is it just a simple matter of giving 90 day notice, then sitting down with the tenants to draft up the new agreement (along with relevant inspections, etc)?

Would it be better to do a change of LL form along with a variation of agreement?

[Keys]

90 days notice.

[AMR]

Thanks for your help Keys.

[PTILoveYou]

What made you bring back to manage the properties yourself?

[AMR]

Redevelopment purposes and proximity to where I live. It's about 5 minutes drive off-peak for me. If I had any in Central I'd get them managed.

[PTILoveYou]

Redevelopment purposes and proximity to where I live. It's about 5 minutes drive off-peak for me. If I had any in Central I'd get them managed.

Ah cool.

You still into the development thing in South?

[AMR]

Yea still doing that, it's taking a while because I keep changing the designs.

[PTILoveYou]

Yea still doing that, it's taking a while because I keep changing the designs.

Be careful in the next 2-3 years as we enter the peak then slump lol!