Legal Question in Business Law in Florida
How to terminate a signed contract after the initial expiration of term if it stated that it will renew automatically?I need help with an already signed contract in Broward County, Florida. It is for a lease to place a vacuum/air machine at a gas station. In the Term Section, it states " Lessor agrees to lease all space designated for by this Lease at, on, or in the Leased Premises described above, to Lessee for a period of 48 months, to install and operate pay vacuum, air, water machine(s) on an exclusive basis and Lessee has the right of exclusive possession to the part of the Premises where the equipment is placed." In the Renwal Section, it states, "This Lease shall automatically renew for two additional 48 month terms at the expiration of the initial term, and shall thereafter renew for 1 year periods." No where it say something like lessor can terminate contract with a written notice postmarked no later than 30 dyas prior to end of initial term.. So does that mean that this contract will never expired? Is this legal? How can I cancel the contract after 48-months? If not, what actions could I take?
1 Answer from Attorneys
Please let us know when you can discuss by telephone.
Very truly yours,
/Michael D. Stewart/
MICHAEL D. STEWART, ESQ.
Law Offices of Michael D. Stewart
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