Fixed-term Tenancy or Tenancy For Years
A fixed-term tenancy or tenancy for years lasts for some fixed period of time. Despite the name, such a tenancy can last for any period of time – even a tenancy for one week would be called a tenancy for years. At common law the duration did not need to be certain, but could be conditioned upon the happening of some event, (e.g. "until the crops are ready for harvest", "until the war is over"). In many jurisdictions that possibility has been partially or totally abolished.
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Famous quotes containing the word years:
“I was born a mechanic, and made a barrel before I was ten years old. The cooper told my father, “Fanny made that barrel, and has done it quicker and better than any boy I have had after six months’ training.” My father looked at it and said, “What a pity that you were not born a boy so that you could be good for something. Run into the house, child, and go to knitting.””
—Frances D. Gage (1808–1884)