Tenancy law changes can effect settlement date.

How tenancy law changes could cost your clients thousands in penalty interest

Changes to the Residential Tenancies Act 1987 (WA) have altered the process of ending a fixed-term lease. If not accounted for, these changes could delay settlement and potentially cost sellers thousands of dollars in penalty interest. Under the changes, which apply from July 1 2013, ending a fixed term lease requires either the tenant or …