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[Music] hi im hayley lovett and i wish to inform you about some of the changes in the residential tenancy act specifically today rental agreement terminations rental providers cannot issue a no specified reason notice to vacate to end a rental agreement rental providers must provide a valid reason such as sale change of use or demolition of the rental property a rental provider moving back into the rental property rental providers can only issue a notice to vacate at the end of the first fixed term of a rental agreement this does not apply to long-term rental agreements of more than five years a notice to vacate for the end of a fixed term agreement can specify a date on or after the end date specified in the fixed term agreement rental providers can apply to vcat for compensation if a renter terminates a fixed term rental agreement before the end date the amount payable will be determined based on the loss incurred by the rental provider and any hardships suffered by the renter rent