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What is Validity of Lease Renewal Terms about?

1. Villavicencio leased premises from Lao Lim for 3 years from 1976-1979. After the term expired, Villavicencio refused to vacate so Lao Lim filed an ejectment case. The parties agreed to a compromise allowing Villavicencio to renew the lease every 3 years as long as he needed the premises and could pay rent. 2. Based on the compromise, the lease was renewed from 1979-1982 and 1982-1985. In 1985, Lao Lim notified Villavicencio he would not renew upon expiration in 1985. However, Villavicencio notified his

Author
Marton Emile Desales
Language
EN