The situation
An office lease has a break option exercisable only within a defined window, with several months' written notice. Miss the window and the term continues for years.
Use cases
Leases
Property and equipment leases with break clauses and notice windows.
Fields recorded
- Landlord or lessor
- Premises or asset description
- Lease end date
- Break option window
- Notice period, usually in calendar months
- Rent, review date and currency
What you confirm
You confirm the lease end date, the break window if there is one, and whether notice is counted in months or days.
Reminder and action
Because notice is often measured in calendar months, PactOrbit counts back in whole months and clamps to month end—shown as an assumption next to the date.
Limitations
Notice service requirements—who must be written to, and how—are legal details PactOrbit records as notes but does not validate.