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NOTICE TO TENANT OF LEASE EXTENSION - sa - sa gov

NOTICE TO TENANT OF LEASE EXTENSION - sa - sa gov 2025

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This document is a notice to tenants regarding the extension of their lease. It outlines the current lease expiration date, the proposed extension period, any changes in rent, and instructions for acceptance. Tenants must respond by a specified date to accept the extension; otherwise, the landlord may terminate the agreement or it may convert to a periodic tenancy.

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How do I start an extension on my lease?

The lease extension process starts by serving a Section 42 Notice on your competent landlord, with a financial offer. The landlord can then choose to accept this offer or respond with a Counter-Notice and their own asking price.

How do I ask my tenant to extend my lease?

Lease Renewal Letter Sample: What to Say Dear [TENANTS NAME], I wanted to inform you that you current lease for [ADDRESS AND UNIT NUMBER] is set to expire on [LEASE TERMINATION DATE AND TIME]. Youve been an amazing tenant and with that in mind, would like to present to you the option to renew for another lease term.

How does extending a lease work?

A lease extension may be executed between a landlord and a tenant. In this case, if both parties choose to continue the tenancy, the landlord may issue a lease extension when the original lease is set to expire. Lease extensions may also be granted to lessees by car dealerships.

How do you qualify for section 42?

Who qualifies for Section 42 housing? If you want to live in Section 42 housing, you must meet the income and asset qualifications based on the size of your family. In order to qualify: Your income must be no less than 30 percent and no greater than 50 percent of your areas median income limits as defined by HUD.

How much notice do you need to give a tenant to vacate in SA?

A landlord using specific reasons to end a periodic tenancy must give the tenant at least 90 days notice in writing and an allowable reason. A landlord can give 7 days notice to end a periodic lease for breach of agreement such as property damage, unpaid water charges or unpaid rent of at least 14 days.

What is a Section 42 lease extension?

A Section 42 Notice is a formal request submitted by a leaseholder to the freeholder or landlord (or both) to initiate the lease extension process. This grants the leaseholder an extension of 90 years in addition to the remaining lease term, with the ground rent reduced to zero.

What is a Section 42 notice to extend the lease?

A Section 42 Notice is a formal request from a leaseholder to the freeholder or landlord (or both) and any other appropriate party to extend their lease on a property. This provides a leaseholder with an extension of 90 years on top of the remaining lease term and a ground rent reduced to zero.

How do you respond to a section 42 notice?

Once the Section 42 Notice has been served, the freeholder has 2 months in which to respond by serving upon you a Counter Notice. The Counter Notice will either accept or reject your claim. It will also state whether or not the freeholder is willing to accept your offer for the lease premium.

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