HomeWhat is the effect of a provision in a contract of lease allowing a renewal of the lease contract, when the term of the lease, as stipulated, is for a fixed period ofbone year?
Any legal basis?
Any legal basis?
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renewal of lease contract
2 posters
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2 Re: renewal of lease contract Mon Nov 17, 2014 8:01 pm
tsi ming choi
Reclusion Perpetua
The Lessee has the preference and at his option to renew the contract after the expiration of such contract.
Basis:
1. Principle of Freedom to stipulate
2. Obligatory force of contract.
Basis:
1. Principle of Freedom to stipulate
2. Obligatory force of contract.
Message [Page 1 of 1]
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