The term of the lease may not be less than nine years.
However, the lessee has the option of giving notice of termination at the end of a three-year period, at least six months in advance, by registered letter with acknowledgement of receipt or by extrajudicial act. Leases concluded for a term of more than nine years, leases for premises built for a single use, leases for premises used exclusively as offices and those for storage premises mentioned in 3° of III of article 231 ter of the General Tax Code may contain stipulations to the contrary.
The lessor has the same option, in the forms and timeframe of article L. 145-9, if he intends to invoke the provisions of articles L. 145-18, L. 145-21, L. 145-23-1 et L. 145-24 in order to build, rebuild or raise the existing building, to reassign the ancillary residential premises to this use, to convert an existing building to main residential use by reconstruction, renovation or refurbishment or to carry out work prescribed or authorised as part of a property restoration operation and in the event of demolition of the building as part of an urban renewal project.
A lessee who has applied for his retirement rights under the social security scheme to which he is affiliated, or who has been awarded a disability pension under this social security scheme, may give notice of termination in the form and within the timeframe stipulated in the second paragraph of this article. The same applies to his successors in the event of the lessee’s death.
The provisions of the previous paragraph apply to the sole shareholder of a single-member limited liability company, or to the majority manager for at least two years of a limited liability company, when the latter is the holder of the lease.
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