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What is a Fixed-Term Lease?

April 26, 2017fixed-term lease

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What is a Fixed-Term Lease?

1 Answer

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A fixed-term lease is a leasing agreement with a specified beginning and ending date. Example: September 1, 2002 to August 31, 2003. It ends on the date in the lease and neither the landlord nor the tenant is required to give written notice to end the tenancy on that date.