Common use of Strike out one option Clause in Contracts

Strike out one option. This is a periodic tenancy and may be ended by either party giving notice as required under the Residential Tenancies Act 1986. See page 4 of this agreement for more information. OR This tenancy is for a fixed term, ending on the day of 20 . NB: Fixed-term tenancies that are longer than 90 days, automatically become periodic upon the expiry of the fixed-term, unless: › a landlord gives written notice to end the tenancy on the fixed term expiry using one of the reasons listed in the Residential Tenancies Act 1986 (see section 50(1)(a) to (b)) that allows for termination of periodic tenancies; or › a tenant gives written notice of their intention not to continue with the tenancy at least 28 days before the expiry; or › before the expiry, the parties agree to extend, renew or end the fixed-term tenancy. Note if the fixed term is for 90 days or less, some tenancy laws do not apply. Visit ▇▇▇.▇▇▇▇▇▇▇.▇▇▇▇.▇▇/▇▇▇▇▇▇▇▇-▇-▇▇▇▇▇▇▇/▇▇▇▇▇-▇▇-▇▇▇▇▇▇▇▇▇/▇▇▇▇▇▇▇▇-▇▇-▇▇▇▇▇-▇▇▇▇-▇▇▇▇▇▇▇/ for more information.