Welcome back to our series on the changes to the Residential Tenancies Act. In this article we are looking at the introduction of five year lease terms and the removal of the 120 day no reason notice.
The Residential Tenancies Act (RTA) in Victoria has been under review since 2015, with amendments to the Act being passed in October 2018.
There are over 138 amendments to the Act, the largest change since its inception. The date for introduction is during 2020 but popular opinion is some changes will be introduced during 2019.