They can be: Co-tenants If all tenants withdraw, they must together give the lessor 21 days` notice during a periodic agreement or 14 days` notice before the end of a fixed-term contract. Flatmates recommends setting a break fee in most residential situations. Thanks to a break fee, the tenant is assured of his responsibility if he terminates the rental contract before the expiry of the fixed term. Break fees also reduce the time and cost of resolving claims disputes. In NSW, there are 3 legal categories of agreements that can cover a housing unit. Knowing which one should be applied to your situation is essential to understand what the relevant rights and obligations are. .