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Free Legal Advice Philippines » FREE LEGAL ADVICE » how to renew lease agreement

how to renew lease agreement

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1how to renew lease agreement Empty how to renew lease agreement Sun Apr 17, 2011 12:35 pm

richeldar


Arresto Menor

good day atty. ive inhereted a commercial lot that is being lease by a gasoline stn.the contract will expire next year..I wanted to increase the rent because its far too low compaired to the other gsline stn in the area... should i write the co. and inform them of my concern? or should i wait for them to renew the contract and discuss the details of my concerns..how many percent of increase yearly was i allowed to make?thank you...

2how to renew lease agreement Empty Re: how to renew lease agreement Wed Apr 20, 2011 8:42 am

attyLLL


moderator

perhaps your first concern should be to transfer the property in your name, have you?

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3how to renew lease agreement Empty Re: how to renew lease agreement Wed Apr 27, 2011 4:50 pm

richeldar


Arresto Menor

hi atty. its already in my name...my concern is that i wanted to increase the rent.because it is almost 60 percent lower than the average rent of the other gasoline stn.here... thanks

4how to renew lease agreement Empty Re: how to renew lease agreement Wed Apr 27, 2011 11:06 pm

attyLLL


moderator

your best chance for getting better terms is to wait till the lease is almost up. that way they don't have as much time to look for a new location. check the agreement what it says about renewal or start asking them 30-60 days before its termination.

https://www.facebook.com/BPOEmployeeAdvocate/

5how to renew lease agreement Empty Re: how to renew lease agreement Sun May 01, 2011 12:06 pm

richeldar


Arresto Menor

thanks atty.. your site really helps..

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