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On the eve of the introduction of the Renting Homes Wales Act, the Welsh Government has confirmed amendments increasing the notice period for fixed term contracts from two to six months. The vote was taken last night, with 36 in favour of the change and 15 against, despite strong opposition from landlords and other letting professionals.
The NRLA has today released an enhanced and improved Standard Occupation Contract for use by landlords in Wales (V1.2FSOC). The new document works as an all-in-one contract, setting out the terms for both the initial fixed term and any periodic contract that follows on from this.
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