The problem with oral agreements is that they can be difficult to implement. If there were to be a dispute, a court would have to hear evidence and decide which version of the truth should be accepted. In the event of a written agreement, courts are generally required to abide by the terms of the written agreement, even if they do not agree with them. A lease is a lease for your home. Governments have recognized the inviability of the house and have extended the protection of tenants through the adoption of laws guaranteeing a minimum of rights for tenants. A rental property contract cannot benefit from this basic rental fee. The expiry of the lease does not necessarily end the lease. If a “periodic” term is chosen, the lease is automatically renewed on the same terms as the first lease, unless it is amended by a formal termination, in accordance with the law. A one-year “periodic monthly lease” is therefore in fact 12 separate leases, automatically renewed. The lease is automatically renewed until one of the parties wishes to terminate the lease (by a correct termination, as required by law). In Victoria, a housing lease agreement for agreements between: tenants and landlords can agree on additional terms and conditions that apply to the contract in addition to the legal provisions. Additional conditions cannot oppose, modify, or attempt to exclude any of the standard conditions from the application to the agreement. The standard form agreement not only provides room for parties to complete the relevant details, but also easily lists some of the conditions that must apply to all agreements under Victorian law.
In most jurisdictions, a minimum period of termination is required by law. The tenancy agreement may set a longer termination period than the legal minimum, but it cannot specify a shorter period than the legal minimum. If this is the case, the legal minimum is still necessary. They should consult the status applicable to these statutory minimum requirements, as they vary according to the jurisdiction, nature and duration of the lease.