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Moving part4 to fixed term

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  • 25-02-2022 2:12pm
    #1
    sadgilmore
    Registered Users Posts: 22 ✭


    Been sent letter requesting fixed term contract. Original lease was 2018 to present without resigning any agreement (assumed moved to part4)

    Am I loosing rights if accept a fixed term contract? And assume it means I can't leave before the term is up?



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    #2
    DubCount
    Registered Users Posts: 1,070 ✭✭✭DubCount


    AFIK you cant contract out of Part 4 rights. If you have part 4 now, you continue to have part 4 regardless of what contract/lease you sign.

    The fixed term contract is a commitment on both sides for the fixed term. When the fixed term is over, you still have part 4 at the end of it.



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    #3
    spaceHopper
    Registered Users Posts: 3,972 ✭✭✭spaceHopper


    What is the up side for you, they will have a break clause and you are locked in for a year. Right now how much notice do they have to give you. I'd reply back saying you are happy to stay on you part 4 conditions



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    #4
    sadgilmore
    Registered Users Posts: 22 ✭sadgilmore


    Right , but if I don't want to commit to the term l guess it means I wouldn't be able to leave or be liable.

    Right now I think it's approximately 3 month notice period for us both (i.e. landlord and myself have to give 3 month notice)

    @spaceHopper thank you that's exactly what my thoughts were but wasn't sure was I right in my understanding.

    It seems like a loosing of rights to me and being forced into it.



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