DHA lease agreements

When you invest with us you can choose a lease term to suit your needs. If you buy a DHA property our standard lease terms are six, nine or 12 years. If you bring a property to DHA, lease terms are generally three to six years.

Standard lease agreement

We use the standard state or territory lease agreement that applies where the property is located. The lease agreement outlines our obligations as a tenant and the responsibilities that you retain as the landlord.

Additional terms

Our lease terms are fixed, however, so that we have the flexibility to meet our Defence housing obligations there are additional terms included in the standard lease agreement.

Extension of the term

We can vary the lease term by exercising each of the following rights once:

  • extend the term by up to 36 months
  • extend the term by up to 12 months

No bond

There is no bond payable by DHA as the tenant.

Property care contract

DHA are the tenant and the property care provider. We manage your property under the terms of the property care contract. The lease agreement and the property care contract run concurrently and end simultaneously.

Insurance

You must take out and maintain appropriate insurance to cover your property and your obligations as a landlord.

If you need to sell

Find out about selling a Mid-Lease property here.

Still have questions?

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Rent may be subject to abatement under certain circumstances such as loss of enjoyment or amenity, or breach of lease terms. Rent is paid where the property is habitable. Should a property become uninhabitable during the term of the lease, or lessor breaches the lease terms, the rent may cease or abate and lease may be terminated by DHA. Guaranteed rent is subject to the terms of the lease. DHA does not take into account an investor’s objectives or financial needs. Investors should always seek appropriate independent advice before making any investment decisions with DHA.