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Property ManagementFixed TermQLDHARD

Five months into a 12-month Queensland fixed-term agreement, the owner decides to move back into the property and gives 2 months' notice on the owner occupation ground. What is the effect?

Correct Answer

D) It cannot end the fixed term early; the earliest end is the term's end date

On Queensland's notice to leave, grounds such as owner occupation, sale contract and significant renovations cannot be used to end a fixed term agreement early. They end a fixed term on its end date or at the end of the notice period, whichever is later, unless both parties agree in writing to end it earlier.

Answer Options
A
It ends the agreement after 2 months, because owner occupation is an approved ground
B
It is invalid, because owner occupation is not a ground in Queensland
C
It ends the agreement after 7 days, because the owner needs the property
D
It cannot end the fixed term early; the earliest end is the term's end date

Why This Is the Correct Answer

Owner occupation ends a fixed term only at its end date or the end of the notice period, whichever is later.

Why the Other Options Are Wrong

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