A fixed term tenancy is a tenancy agreement that begins on a specified date and continues through
to a predetermined expiry date. A fixed term tenancy can have a fixed end date where it specifies the
exact day the tenancy will end or it can end after a fixed number of weeks, months, or years. The
advantage with a fixed term tenancy is that neither party has to give notice to terminate the lease, it
simply ends on the specified date. During a fixed term lease the landlord cannot increase the rent, or
change any other terms of the lease unless he specifically reserves the right in the agreement, and
the tenant agrees to the changes.
