Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Fact scenario: Sia owns a 3 bedroom property in Manurewa that she wants to rent out starting from December 2022 for $800 per week. After

image text in transcribed
Fact scenario: Sia owns a 3 bedroom property in Manurewa that she wants to rent out starting from December 2022 for $800 per week. After interviewing possible tenants, she has found one that she really likes. Latisha seems professional, is a non-smoker, and says he has two friends ready to move in with him to help pay the rent. She is' ready to sign up a lease but knows that you are an expert in residential tenancies so she has asked you some questions first. Question: Latisha has asked for a 12-month \"xed term' tenancy. Sia does not know what that is, and she is also not sure how she wants to rent out this property she might want to live in it herself, or maybe sell the property. What advice would you give Sia about the type of tenancy she should grant? In your response, make sure to tell her the difference between a xed term tenancy and a periodic tenancy, and discuss the timeframes and circumstances in which she will be able to end the tenancy once it is granted

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contract Law

Authors: Roger Halson

2nd Edition

1405858788, 978-1405858786

More Books

Students also viewed these Law questions