The agreement, which is valid for five years, and the agreement entered into for a term longer than five years but shorter than ten years, may be terminated by either party at the end of the term and at the end of the second term referred to in Article 292(2). Article 228(1) and (2), first sentence, shall not apply.
Notice of termination must be given by writ or registered letter. The period of notice is at least one year.
No notice of termination is required if the termination takes place by mutual consent after the lease agreement has been concluded.
Regulations based on this article (delegated regulations)
No
Policies and circulars that have this article as legal authority
No
Articles or similar text referring to this article
Civil Code Book7
article: 300, 301, 302
Bankruptcy Law
Article: 305
(12-05-2021)
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Signature |
Announcement |
Chamber documents |
Signature |
Announcement |
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new |
2002 |
2003 |
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