What Happens If You Breach Your Tenancy Agreement
As a tenant, it`s important to understand the terms and conditions of your tenancy agreement. This legal document outlines the responsibilities of both the tenant and the landlord, which includes the rent payment, upkeep of the property, and other rules and regulations. Breaching any of the terms could result in serious consequences for the tenant. Here`s a closer look at what happens if you breach your tenancy agreement.
1. Eviction
One of the most severe consequences of violating your tenancy agreement is eviction. If you fail to pay your rent on time, damage the property unnecessarily, or engage in any illegal activities, your landlord has the right to evict you from the property. Eviction is a legal process that requires the landlord to follow specific procedures as outlined in the Residential Tenancies Act.
2. Rent increases
If you breach your tenancy agreement, your landlord may also decide to increase your rent. This could happen if you have caused damage to the property or violated any of the clauses in the agreement. While rent increases are not uncommon, it`s important that the landlord follows the necessary legal procedures when doing so.
3. Loss of security deposit
A security deposit is usually required by landlords when the tenant moves into the property. The deposit serves as a guarantee against any damages or unpaid rent. If you breach your tenancy agreement and cause damage to the property or fail to pay the rent, your landlord may use the security deposit to cover the losses. This means you may lose your entire deposit or a portion of it.
4. Legal action
Depending on the severity of the breach, your landlord may decide to take legal action against you. This could involve going to court to seek a judgment against you for damages or unpaid rent. Legal action can be a costly and time-consuming process for both parties.
5. Difficulty finding another rental property
If you breach your tenancy agreement and your landlord evicts you, it may be challenging to find another rental property. Many landlords conduct background checks and may refuse to rent to tenants with a history of breaching their agreements.
In conclusion, breaching your tenancy agreement can lead to severe consequences that can impact your finances and reputation as a tenant. It`s essential to read and understand the terms and conditions of your tenancy agreement and abide by them to avoid any penalties. If you`re unsure about any of the clauses in the agreement, seek clarification from your landlord or a legal professional.