Q) I didn't know that the new building I bought had coin-operated machines that were on a self-renewing lease. Supposedly it is now too late to cancel the service. Am I stuck with these machines for another 5 years?
A) Most likely, yes, you are. The only exception would be if the self-renewing provision was not in "boldface" type at the beginning of the lease and at the end where all parties sign. Per civil code 1945.5 this can be unenforceable.
Friday, June 10, 2011
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