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.
AI summary
Understanding your tenancy agreement is crucial for both landlords and tenants in New Zealand. A periodic tenancy is ongoing with no set end date, continuing until one party gives notice.
In contrast, a fixed-term tenancy has a specific end date and automatically becomes periodic upon expiry. To end a periodic tenancy:
- Tenants must give 28 days' written notice.
- Landlords must give 63 or 90 days' notice, depending on the reason for ending the tenancy.
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
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