This Notice to Lessor by Lessee's of Lessee's Intention not to Renew where Lease Provides for Automatic Renewal in Absence of Contrary Notice serves as a formal declaration from a lessee indicating their decision not to renew or extend a lease. It is crucial because without this notice, the lease may automatically renew, locking the lessee into another term. Unlike other lease termination notices, this specific form addresses automatic renewals, making it essential for ensuring that lessees can avoid unintended extensions of their rental agreements.
This form should be utilized when a lessee decides not to continue with their lease after the initial term due to various reasons, such as finding alternative accommodations, dissatisfaction with the current property, or changes in financial circumstances. It is especially critical in cases where the lease explicitly mentions that it will automatically renew unless a notice of non-renewal is provided.
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This term means that it is unlawful or is in violation of a legal regulation or a legal statute.
A contrary intention may be shown if the application of the defined term in the circumstances of a particular case leads to an absurd or unreasonable result, or a result that is repugnant to the fundamental intention of the legislative provision.
A contrary intention may be shown if the application of the defined term in the circumstances of a particular case leads to an absurd or unreasonable result, or a result that is repugnant to the fundamental intention of the legislative provision.
(Entry 1 of 3) 1 : a fact or condition incompatible with another : opposite usually used with the. 2 : one of a pair of opposites. 3a : a proposition (see proposition entry 1 sense 2a) so related to another that though both may be false they cannot both be true compare subcontrary.
Contrary intention may also be expressed by wording a clause that makes a gift to the testator's issue in such a way that the testator's intention to give to someone other than issue in substitution is clear.
A contrary agreement often occurs where a contract is sought between two or more parties but one or more of the parties is a company yet to be incorporated. The contract will in effect have a party that, subject to any agreement to the contrary, is a person acting for or as an agent for, the company.