All agreements have a start date and an end date. They also have timeframes – for example, two years. If the provider and resident in an SDA residency agreement do not end the agreement on or after the end date, it will renew for the same timeframe.
If the provider and resident in a Residential rental agreement do not end the agreement on or after the end date, it will automatically renew on a monthly basis.
In both cases, the agreement will keep renewing until the provider or resident end it. For more information, go to How to end an agreement in an SDA.
Example only
The agreement starts on 1 December 2019 and ends on 1 December 2021. The timeframe is two years. The resident does not want to leave, and you are happy for them to continue renting the SDA. On 2 December 2021 the agreement automatically renews for another two years. The new end date is 2 December 2023.
If you and the resident signed a Residential tenancy agreement, it will usually roll over to a periodic (month-by-month) lease when the term ends. The terms and conditions of the original agreement still apply. Go to Residential rental agreements.