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Renters’ Rights Bill already impacting early surrender agreements, says ex-Propertymark president

In RealEstate
May 01, 2025

Greg Tsuman

The former president of Arla Propertymark, Greg Tsuman, warned that the implementation of the Right Rights Law is already causing problems in the private rental sector (PRS).

According to Tsuman, there has been a remarkable increase in the number of early surrender agreements, since tenants believe that the new rules are already in their place, which means that they can read their lease with only a two -month warning.

Tsuman said: “By getting rid of fixed -term housing, tenants can simply leave two months of warning, while the owners will have to give a valid reason if they want their return property. Until the laws, the only shrink is the only way, the only way that ends that ends that ends ending finish ending finished finished finished finished finished that ends early in the Avenida Avenida.”

An early delivery agreement that enables a tenant to give up a fixed -term lease (where there is no rest clause) without paying the rent for the rest of the term.

Tsuman comments that it has noticed that many tenants already believe that the draft Law on Tenants is Law, which will make people legal to notify two months to end a lease, and is resulting in the initiation of more early surrender agreements now due to a misunderstanding of their current legal obligations.

But while the legislation is designed to provide tenants more rights, Tsuman warns that the Rolers Rights Law could lead to more owners who renounce the private rental sector.

He continued: “Because the tenant rights bill means that any tenant can leave a fixed -term lease with two months of prior notice, this can give the tenants more freedom of movement without any fee, but it will also increase the costs of the owners. This could expel more owners of the private rental sector because it is expensive that would need to give, together with the amount of rent that will be charged.

Tsuman urges the owners to consider the acreations of early surrender, so the draft Law on Tenants can become law and to avoid accepting them unless there are exceptional circumstances. After all, fixed -term contracts will disappear forever by simply in a matter of months.

He said: “Meanwhile, there must be a valid reasson why owners may want to give up their rights before losing their rights. For example, if an owner is selling in the future, he can adapt to his plans to render a delivery agreement. Or obtain a loss of income from income from income from income from income from income from additional income.

Tsuman advises the owners who agreed to the tenant’s request to surrender early, if necessary. After all, being persecuted by a discontent tenant can be more expensive than the position of early surrender.

He added: “An owner who presents an early surrender agreement, even this is financially better for the tenant than to keep them to the existing contract, could take them with a significant fine and an inability to recover their costs, and that is the act.” “