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  1. #1
    Join Date
    Dec 2007
    Posts
    887

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

    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?
    Last edited by AMR; 01-08-2015 at 10:54 PM.

  2. #2
    Join Date
    Nov 2006
    Location
    Cyberspace
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    5,754

  3. #3
    Join Date
    Dec 2007
    Posts
    887

    Default

    Thanks for your help Keys.

  4. #4
    Join Date
    Sep 2013
    Location
    Auckland
    Posts
    3,885

    Default

    What made you bring back to manage the properties yourself?

  5. #5
    Join Date
    Dec 2007
    Posts
    887

    Default

    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.

  6. #6
    Join Date
    Sep 2013
    Location
    Auckland
    Posts
    3,885

    Default

    Quote Originally Posted by AMR View Post
    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?

  7. #7
    Join Date
    Dec 2007
    Posts
    887

    Default

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

  8. #8
    Join Date
    Sep 2013
    Location
    Auckland
    Posts
    3,885

    Default

    Quote Originally Posted by AMR View Post
    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!


 

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