Notice To Vacate From Mortgagee To Tenants Page 2
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2Notice to vacate from mortgagee to tenant/s (Form 19)
Residential Tenancies and Rooming Accommodation Act 2008
(Section 317)
The majority of owners borrow monies from either a bank or a lending institution to assist with the purchase of their
rental property.
The lender will normally take a mortgage over the property to secure the loan. If the owner fails to pay the loan repayments
in accordance with the mortgage and are in default of the mortgage, the lender (mortgagee) may exercise their right to take
possession of the property.
This notice informs the tenant/s that the mortgagee (or appointed person) will be taking possession of the premises.
It must be signed by the mortgagee (or appointed person) and given to you at least 2 months before you are required to
move out.
The agreement ends on the day you vacate the premises, and rent must be paid up to and including that day.
The mortgagee may ask you (in writing) to pay them the rent instead of the lessor/agent.
You must move out by the date stated on this notice or further action may be taken by the mortgagee.
Level 23, 179 Turbot Street | GPO Box 390 Brisbane Q 4001 | t 1300 366 311 | rta.qld.gov.au
v2 Nov12
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