Cancellable
This query is : Resolved
04 August 2012
What is cancellable lease,
Rental agreement between two parties for 3 years for fixed period wether it was come under the non-cancellable lease or cancellable lease
Rental agreement between two parties for 3 years for fixed period wether it was come under the non-cancellable lease or cancellable lease
06 August 2012
3 years fixed means non cancellable.
If there is a caluse for cancellation with 2 months or so ..notice without compensating for future losses, then it is called as cancellable lease.
If there is a caluse for cancellation with 2 months or so ..notice without compensating for future losses, then it is called as cancellable lease.
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