Termination of tenancy agreement

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If you move away or change your apartment for another Lumo apartment, it is important to terminate the tenancy agreement well in advance and to take care of matters related to moving out, such as the final cleaning and returning of the keys.

Termination of tenancy agreement

The easiest way to terminate a tenancy agreement is to use the online services for residents. Notice of termination can also be served by submitting a completed notice of termination form to the Lumo Home Centre (EN: Notice of Termination of Lease). The notice period begins and is binding when the written notice of termination has been submitted to the Lumo Home Centre. You will receive a confirmation letter in response to your electronically submitted or mailed-in notice of termination within three days of the notice of termination being received. The letter will be sent by e-mail or by mail to your home address. If you have not received the letter, please contact the customer service.

TERMINATING A NON-FIXED-TERM TENANCY AGREEMENT

The period of notice for non-fixed-term tenancy agreements is one (1) calendar month. The lease ends on the last day of the month. The date to vacate the apartment is the end date of the tenancy agreement.

Starting from June 2018, non-fixed-term agreements usually include a provision concerning the earliest possible starting date of the notice period, which means that you commit to staying in the apartment for at least six (6) months. When you sign a lease for a newly constructed property, you always commit to a minimum term of twelve (12) months.

If you want to terminate your tenancy agreement earlier than that, we will charge a contractual penalty equivalent to one month’s rent at the end of your agreement. The term of notice is one month once the condition of tenancy duration is fulfilled.

Example:

Your agreement takes effect on 1 June 2018, which means that the first possible date of termination for the tenancy agreement is 1 October 2018. If you want the agreement to be terminated on 30 November 2018, you must give the notice of termination on 31 October 2018 at the latest.

When the lessor terminates the tenancy agreement, the notice period is three (3) calendar months during the first year of tenancy and six (6) calendar months thereafter. However, we do not terminate tenancy agreements unless the resident fails to fulfil their obligations; for example, by not paying rent or by causing a disturbance to the building’s other residents.

TERMINATING A FIXED-TERM TENANCY AGREEMENT

The ending date of a fixed-term tenancy agreement is specified in the agreement. Neither party can terminate a fixed-term tenancy agreement before the end of the term.

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