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Hi, during the end of the 1 year renting contract, the landlord and the tenant have a verbal agreement to extend the contract. Does this verbal contract valid? What if the tenant changes his mind to not to extend then?
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1 Answer

Hi Vincent,

There is a thing known as "Tenancy At Will", which allow certain period of extension without formal TA signed.

This exist when a formal TA is not signed or other reason not to have a formal TA signed.

In your query of whether such contract valid, yes, it is valid. However, during this period, both parties can terminate this "Tenancy At Will" at any time. Therefore not favorable to landlord, and thus not encourage.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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