Legal Question in Real Estate Law in Ohio
In my lease the Length of Agreement section said: This agreement shall begin March, 1,2009. Unless terminated, this agreement shall be automatically renewed yearly. Either party may terminate this agreement by giving notice to the other at least 30 days prior to the end of the calendar month.
We gave our landlord notice seven days prior to March 1,2010. Do we now have to pay rent for another full year contractually? Please help.
1 Answer from Attorneys
Not sure. One could interpret the agreement as being a lease that could be terminated upon the giving either party 30 days notice. I'd have to read the rest of the lease to be sure. I'd take the position that you are liable until April 1st, 2010. I'd argue that the lease can be renewed yearly but not renewed for a year. It can be terminated by either party giving the required notice set forth in the lease.
Good Luck,
Michael Buschbacher
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