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Lease Period

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1 Lease Period on Thu Feb 28, 2013 9:22 am

chacy2003


Arresto Menor
If my contract states "that this contract of lease is effective for one year commencing on April 22, 2006"

what happens to the contract after April 23, 2007 to date? is it still under definite lease period?

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2 Re: Lease Period on Thu Feb 28, 2013 9:58 am

jd888


moderator
This is Self-Explanatory. The lease has a Time Frame, and that is One (1) Year Starting the date stated.

After the Lease expired, the contract has no binding effect between parties.

Unless you have clauses.


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3 Re: Lease Period on Thu Feb 28, 2013 10:15 am

chacy2003


Arresto Menor
jd888 wrote:This is Self-Explanatory. The lease has a Time Frame, and that is One (1) Year Starting the date stated.

After the Lease expired, the contract has no binding effect between parties.

Unless you have clauses.

The owner is requesting me to vacate the apartment because of this contract which I signed(2006).

The letter stated, "The original one year contract of lease of apartment which we signed and took effect on April 2006 had already expired. Despite the non-execution of a new Contract of Lease, we have allowed you to stay as tenant thereat up to this date under the same terms and conditions of the original Contract Lease. Provision no. 4 of the said contract provides that "Renewal of this contract shall be at the option of the lessor and subject to new terms". our contract of lease will expire on 22 April 2013 and we shall not be renewing the contract with you anymore. Please vacate the leased premises upon said expiration of the contract of lease and consider this letter as our final demand as well.

Is this right? Please enlighten me. Thanks and God Bless!

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4 Re: Lease Period on Thu Feb 28, 2013 3:15 pm

jd888


moderator
Yes the other party is correct and you conformed with the contract in the first place.

You have been given ample time to prepare, April 2013 is way too long for preparation.

To avoid untoward incidents and matters that could tarnish harmonious relationships, kindly comply with the provisions of your contract.


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Please be reminded that this advice is based solely on the facts you have narrated and my appreciation of the same. My opinion may vary when other facts are changed or elaborated.
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5 Re: Lease Period Today at 1:48 am

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