The tenant is also aware of the legal status of the unit.
The rental laws seem to be very restrictive over there. Here in Australia you are often given a one year contract which can then go to month to month with a months eviction warning if not renewed into a longer contract. If it was me I would just be happy that I had a good thing going for as long as I did. Essentially the uncertainty is already priced in to the rental price, it is well below market value.
The rental laws seem to be very restrictive over there. Here in Australia you are often given a one year contract which can then go to month to month with a months eviction warning if not renewed into a longer contract. If it was me I would just be happy that I had a good thing going for as long as I did. Essentially the uncertainty is already priced in to the rental price, it is well below market value.