Spouses Perez are the lessees of two parcels of land with improvements owned by the Showtime Bank (SB). On October 1, 2019, SB informed Spouses Perez that their lease will expire on March 31, 2020 and that they had rental arrears for 12 months. Seeking to renew the lease contract for another year, the spouses paid the said rental arrears and likewise wrote a letter to SB, proposing to extend the lease for one more year and to buy the subject properties after said period. However, SB denied the proposal. On April 1, 2020, SB demanded spouses Perez to vacate the subject properties within 15 days from the said date, in view of the expiration of the lease. However, the demand was left unheeded. Hence, SB filed an unlawful detainer suit against spouses Perez. Later, it also sent its final demand letter on August 1, 2020, demanding from the spouses the payment of the rental arrears. Spouses Perez replied to the demand letter and told SB that they are willing to pay the rental arrears but that the reckoning point from which SB may invoke the accrual of its claims isthe date of receipt of last demand or on August 1, 2020. SB disagreed and claimed that compensation for the use of the subject properties should be reckoned from receipt of initial demand on April 1, 2020 and not receipt of last demand on August 1, 2020

Are spouses Perez liable to pay rent prior to August 1, 2020?