Fixed-term contract is recommended for tenants whom may move within 2 years or the leasing period stated on the contract. This contract favors the landlord because he or she is not legally obligated to continue leasing the apartment to the tenant after the contract ends. The landlord or lessor may write a new contract to the lessee with new terms and conditions if the lessee wishes to stay.
In the case where the lessee terminates the contract, the lessee must notify the lessor at least 2 to 6 months (it will be stated on the contract) prior to vacating. Penalty fees associated with early termination will also be stated in the contract.