This case has been cited 1 times or more.
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2001-04-19 |
BELLOSILLO, J. |
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| We agree with the finding of all the three (3) lower courts that the lease contract between petitioner and respondent Chua was on a monthly basis. We recall that one of the subject matters of the stipulation during the preliminary conference was that "the manner of payment of rental is on a monthly basis." It is settled that if the rent is paid monthly, the lease is on a month-to-month basis[13] and may be terminated at the end of each month.[14] Article 1687 of the Civil Code is in point. Among other things, it provides that "if the period for the lease has not been fixed, it is understood to be from year to year, if the rent agreed upon is annual; from month to month if it is monthly." | |||||