When will old lease contracts expire? Everything you need to know
The Decisive Date Old lease contracts are subject to the provisions of Law #10 of 2022, which regulates the rental relationship for legal entities, will expire in March 2027.
Upon the expiration of the legal grace period, the old lease agreement terminates, and the tenant is obligated to return the leased unit or property to the landlord.
The old contract therefore does not automatically continue after the grace period expires; rather, the continuation of the lease relationship is contingent upon the conclusion of a new contract between the parties.
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