The tenancy agreement is signed for a period of minimum 1 year. After that year has passed, the contract automatically extends until members choose to cancel the contract. However, members who want to cancel their tenancy agreement must give Citylife a 2-month notice.
If members wish to cancel their contract prior to completion of the first year, It is still possible. However, they will incur a fine equal to one month rent payment. The 2-month notice period must also be upheld.