A temporary rent lasts only for the time set in the tenancy agreement. It can be extended or extended if the landlord and tenant agree. If you plan to evacuate on the last day of the lease, you do not need to notify the owner the same two months in advance, although you must notify the owner in order to re-market the property. However, if you plan to leave at a later date, an appropriate notification should be sent. An ongoing contract has the advantage that neither party is obliged to do anything unless they want to terminate the lease, which may be helpful in certain circumstances. If you do not issue the tenant a new fixed-term contract (neither orally nor in writing) and they remain in the property, the lease automatically passes to a legal settlement and all the terms of the original contract remain valid. The lease or „lease renewal“ allows a landlord and tenant to renew a tenancy agreement beyond its end date. The other terms of the lease remain unchanged, unless they are amended accordingly. Depending on economic conditions, the landlord can increase the monthly rent.

If landlords and tenants agree, they can extend or renew the tenancy agreement for an additional limited period of time. This agreement must be written and signed by both parties. A lessor is not obliged to renew or renew a fixed-term lease. Step 3 – Then indicate the duration of the agreed lease extension. The amount of rent must also be seized (depending on whether the rent changes or remains the same). As a general rule, the fixed duration is the original agreement you signed. Therefore, if your original contract was extended by 12 months, the extended contract would apply for the same 12 months. CONSIDERING that the parties agreed that the above rent extension would be extended or extended for a period of one year, with the right to extend or extend this rent extension at the expiry of that rent extension.

The document under development must be official to help both sides comply with their new agreement.

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