Legal Question in Real Estate Law in California
office lease agreement
Our office ended on Dec. 31, 1999. On Feb.1, 2000, we renewed it with a term of another 36 months. The renewed lease is with an expended square feets and a new rate of rental charg. Is this renewed lease considered an extension of the old lease or a new lesae itself? The old lease does not defy the term ''Extension''.
Asked on 5/23/01, 7:41 pm
1 Answer from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
Re: office lease agreement
The answer probably lies in the language of the new instrument. If it is quite complete and stands on its own without the necessity of referring back to the old lease, it would fairly be considered a new lease. If it is incomplete without reference to the expired lease, it would bettern be construed as an extension.
Why is this important?
Answered on 6/22/01, 4:28 pm
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