Renting Guide

Periodic tenancy meaning: Fixed term vs. periodic compared

What’s the difference between a fixed term and a periodic tenancy? Let’s take a closer look.

Ben Tutty
Last updated: 2 May 2024 | 3 min read
AI

AI summary

A periodic tenancy has no end date and continues until notice is given, unlike a fixed-term tenancy which has a set end date. A fixed-term agreement automatically becomes periodic upon expiry unless otherwise agreed.

To end a periodic tenancy, tenants must give 28 days' notice. Landlord notice periods vary by reason:

- 90 days for selling the property or major renovations.

- 63 days if the owner or their family will be moving in.

Meaning of ‘periodic tenancy’

Giving notice to end a periodic tenancy

Tenants

Landlords

Make sure you know how your tenancy agreement works before you move in or sign.

Landlords can also apply to the tenancy tribunal to end a periodic tenancy if

The difference between fixed term and periodic tenancy

Author

Ben Tutty Ben Tutty
Content Writer