What is the difference between a standard lease agreement and a residential or commercial lease agreement?
In standard lease agreements, if the tenancy continues after the fixed-term lease expires, the lease agreement is converted into an indefinite-term lease agreement.
However, in the leasing of residential and commercial buildings with a roof, if the tenant does not terminate the lease agreement by providing written notice 15 days in advance, the agreement is deemed to be extended for another year under the same terms.
In standard lease agreements, unless otherwise agreed in the contract, the tenant may sublet the property. However, in the leasing of residential and commercial buildings with a roof, the tenant may not sublet the property without the landlord’s written consent.
The tenant may assign the lease agreement with the landlord’s written consent. The landlord may not refuse to grant this consent without just cause. However, the original tenant remains jointly and severally liable for rent and additional payments until the lease agreement expires, and for a maximum period of two years.