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Renew Tenancy Agreement

Renew Tenancy Agreement Template for Australia

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Key Requirements PROMPT example:

Renew Tenancy Agreement

"I need a Renew Tenancy Agreement for my two-bedroom apartment in Sydney, with a 10% rent increase from the current $500 weekly rent, starting from March 1, 2025, for a 12-month fixed term, and I want to add a new clause allowing the tenant to have a small pet."

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Document background
The Renew Tenancy Agreement is essential for landlords and tenants who wish to formally extend their existing rental arrangement in Australia. This document is typically used when an existing fixed-term tenancy is approaching its end date and both parties agree to continue the tenancy for an additional fixed term. It must comply with the relevant state or territory's residential tenancy legislation and the federal laws governing property rental in Australia. The renewal agreement includes updated terms such as the new rental amount, duration of the extension, and any modified conditions while referencing the original agreement's terms that remain in effect. This document is crucial for maintaining legal clarity and protecting the rights and obligations of both landlords and tenants during the extended tenancy period.
Suggested Sections

1. Parties: Identification of the landlord/lessor, tenant(s), and managing agent (if applicable)

2. Background: Reference to original tenancy agreement, its commencement date, and the basis for renewal

3. Definitions: Key terms used in the renewal agreement, including references to terms defined in the original agreement

4. Term of Renewal: Specific details of the renewal period, including start and end dates

5. Rent and Review: Updated rental amount, payment terms, and any scheduled rent reviews during the renewal period

6. Continuation of Original Terms: Confirmation that all other terms from the original agreement remain in force

7. Modifications to Original Agreement: Clear statement of any terms that differ from the original agreement

8. Acknowledgment: Confirmation that both parties understand and agree to the renewal terms

9. Execution: Signature blocks for all parties and witnesses if required

Optional Sections

1. Special Conditions: Any new specific conditions agreed between the parties for the renewal period

2. Maintenance Schedule: Updated maintenance responsibilities if different from original agreement

3. Break Clause: Optional early termination provisions if agreed by both parties

4. Guarantor Continuation: Required if the original agreement had guarantors who need to approve the renewal

5. Pet Clause: Required if there are new or additional pets being approved in the renewal period

6. Insurance Requirements: Any updated insurance requirements for either party

7. Utility Arrangements: Changes to responsibility for utilities or service charges

Suggested Schedules

1. Schedule 1 - Rental Payment Schedule: Detailed breakdown of rent payments, including any scheduled increases

2. Schedule 2 - Property Condition Report: Updated report on the condition of the property at renewal

3. Schedule 3 - Modified Terms: Detailed list of any terms that differ from the original agreement

4. Appendix A - Original Tenancy Agreement: Copy of the original agreement for reference

5. Appendix B - Property Inventory: Updated inventory of furnishings and fittings if applicable

6. Appendix C - Prescribed Information: Any statutory information required to be provided with the renewal

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



































Clauses






























Relevant Industries

Real Estate

Property Management

Residential Housing

Commercial Property

Student Accommodation

Social Housing

Property Investment

Rental Market

Relevant Teams

Legal

Property Management

Residential Leasing

Asset Management

Operations

Client Services

Compliance

Administrative Support

Facilities Management

Portfolio Management

Relevant Roles

Property Manager

Real Estate Agent

Leasing Coordinator

Tenancy Manager

Legal Counsel

Housing Officer

Property Administrator

Asset Manager

Facilities Manager

Compliance Officer

Rental Administrator

Building Manager

Portfolio Manager

Lease Administrator

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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