Fixed term tenancy

Fixed term tenancy,

Definition of Fixed term tenancy:

  1. Tenancy that automatically (without notice of termination) expires at the end of the period stated in the lease agreement. It, however, is not affected by the death of either the tenant or the landlord, and is not terminated by destruction or improvement of the property during that period unless the agreement permits. Also called tenancy for years.

Meaning of Fixed term tenancy & Fixed term tenancy Definition