Changes were made on the 30^th September 2024, regarding the rules around “breaking” a lease.

Under previous laws, tenants would need to compensate the lessor for advertising, letting fees and rent in between tenancies.

However, under new laws, there are now restrictions and caps for what reletting costs can be charged.

Lessors will no longer be able to claim back for advertising or letting fees. They will only be able to claim rent in between tenancies, up to a maximum amount, based on how much of the tenancy has expired.

The RTA released a reletting cost calculator which you can find at the below link. 

https://www.rta.qld.gov.au/forms-resources/reletting-costs-calculator

It’s important to note, that the law also states, “whatever is the lesser amount”. So that means, if the maximum charge allowed is three weeks rent, if the gap in between tenancies is only 6 days, only 6 days can be charged, not the full 3 weeks.

For all leases signed prior to the 30^th September, 2024, old rules will apply.

For more information regarding these changes, please contact our agency, we would be happy to have a confidential discussion.