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RESIDENTIAL TENANCIES ACT 1995 - SECT 71A

RESIDENTIAL TENANCIES ACT 1995 - SECT 71A

71A—Sale of residential premises

        (1)         It is a term of a residential tenancy agreement that—

            (a)         the landlord will give the tenant written notice of the landlord's intention to sell the residential premises not later than 14 days after the landlord enters into a sales agency agreement for the sale of the premises or determines to make the premises available for inspection by prospective purchasers; and

            (b)         the residential premises will not be advertised for sale or made available for inspection by prospective purchasers before the day falling 14 days after the tenant is given notice of the landlord's intention to sell the premises.

        (2)         It is a term of a residential tenancy agreement that, if a contract is entered into for the sale of the residential premises, the landlord must, not less than 14 days before the day of settlement under the contract or, if the day of settlement is less than 14 days after the day on which the contract is entered into, as soon as possible after the contract is entered into, give the tenant written notice of the name of the purchaser under the contract and the date from which rent is to be paid to him or her.

        (3)         A landlord who, without reasonable excuse, contravenes a term of the agreement arising under this section is guilty of an offence.

Maximum penalty: $20 000.

Expiation fee: $1 200.