Common use of PERIOD OF LEASE Clause in Contracts

PERIOD OF LEASE. This rental agreement is valid until further notice starting from . The Act on Residential Leases shall be applied in the notice of the contract. OR This contract is valid for a fixed-term from until . A fixed-term lease agreement cannot be given notice on mid-term. However, a court may authorize the tenant or the lessor to give notice on a fixed term lease according to section 55 in the Act on Residential Leases.

PERIOD OF LEASE. This rental agreement is valid until further notice starting from __________________. The Act on Residential Leases shall be applied in the notice of the contract. OR This contract is valid for a fixed-term from _________________ until _________________. A fixed-term lease agreement cannot be given notice on mid-term. However, a court may authorize the tenant or the lessor to give notice on a fixed term lease according to section 55 in the Act on Residential Leases.