All ▸ Bar 2024 ▸ CIVIL LAW ▸ I. EFFECT AND APPLICATION OF LAWS ▸ K. Legal Periods (Civil Code, Art. 13, as amended by Book I, chapter 8, sec. 31 of the Administrative Code of 1987 (E.O. No. 292))

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EFFECT AND APPLICATION OF LAWS: Legal Periods

Scenario:

John entered into a lease agreement with Jane for a commercial space. The agreement stated that the lease contract would run for a duration of 5 years, commencing on January 1, 2020, and ending on December 31, 2024. However, on March 1, 2023, John decided to prematurely terminate the lease and demanded that Jane vacate the premises immediately.

Jane, on the other hand, argues that John cannot terminate the lease before the agreed term expires. She claims that John is bound by the legal period specified in their lease agreement.

Discuss the effect and application of laws, specifically on legal periods, in the given scenario. Consider the relevant provisions of the Civil Code, Art. 13, as amended by Book I, chapter 8, sec. 31 of the Administrative Code of 1987 (E.O. No. 292).

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