Lease Of Immovable Property Agreement

Lease Of Immovable Property Agreement

An unregistsed long-term lease is applicable to the new owner of the property on the basis of the doctrine of prior knowledge, i.e. if he has prior knowledge of the rental agreement. Therefore, in cases where there is a long lease, the tenant is protected from the date of registration. If, in judicial practice, the owner knows or should have known that the lessee leased the property for commercial exploitation, it should be foreseeable, at the time of conclusion of the lease agreement, that early termination of the contract would result in a loss of closing and moving costs for the lessee.