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Kelonguni
08-03-13, 21:14
If rental least is 2 + 1 years, does it need to be renewed at the end of 2 years, or at the end of 3 years?

acidic.straw
08-03-13, 21:50
If rental least is 2 + 1 years, does it need to be renewed at the end of 2 years, or at the end of 3 years?

tenant has option to renew at end of 2nd year.

Kelonguni
08-03-13, 22:12
tenant has option to renew at end of 2nd year.

Thanks. The rental amount adjustable?

august
08-03-13, 22:50
Thanks. The rental amount adjustable?

depends on the wording in the Tenancy agreement.

zzz1
09-03-13, 11:17
If rental least is 2 + 1 years, does it need to be renewed at the end of 2 years, or at the end of 3 years?
The option of plus 1 year is not really useful.. Mainly it is nn contractual and binding..