Fortuitous Events

Fortuitous Events–Once upon a time, a tenant happily rented a house in a posh village. Everything went well up until a category 4 typhoon hit the city.

When the typhoon came, it uprooted the neighbor's tree, which fell on the tenant's house. The roof gave way, and water started pouring inside the house. The tenant's prized furniture inside the house–which cost millions–got damaged.

End of story.

Questions:

1. Who pays for the repair of the roof?

2. Who pays for the damaged furniture?

3. With the hole in the roof, is the house still considered habitable? Does the tenant have the right to pre-terminate the contract and get a refund of the advance payment?

Lesson:

Make sure to have clauses in your lease contracts that discuss what happens in cases of fortuitous events.