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Thread: Lease queries

  1. #1
    Join Date
    May 2012
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    Default Lease queries

    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?

  2. #2
    Join Date
    Aug 2010
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    375

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    Quote Originally Posted by Kelonguni
    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.
    hungry eat sleepy sleep

  3. #3
    Join Date
    May 2012
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    Quote Originally Posted by acidic.straw
    tenant has option to renew at end of 2nd year.
    Thanks. The rental amount adjustable?

  4. #4
    Join Date
    Dec 2008
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    Default

    Quote Originally Posted by Kelonguni
    Thanks. The rental amount adjustable?
    depends on the wording in the Tenancy agreement.

  5. #5
    Join Date
    May 2009
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    Quote Originally Posted by Kelonguni
    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..

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