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2. Automatic renewal clause - Wikipedia

   en.wikipedia.org/wiki/Automatic_Renewal_Clause

   An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...

3. South African law of lease - Wikipedia

   en.wikipedia.org/wiki/South_African_law_of_lease

   The South African law of lease is an area of the legal system in South Africa which describes the rules applicable to a contract of lease (or letting and hiring, Lat locatio conductio, Afrik huur en verhuring). [ 1 ]: 906 This is broadly defined as a synallagmatic contract between two parties, the lessor and the lessee, in terms of which one ...

4. Side letter (contract law) - Wikipedia

   en.wikipedia.org/wiki/Side_letter_(contract_law)

   Under the law of contracts, a side letter has the same force as the underlying or primary contract. However, the validity of side letters has been denied by some courts in specific circumstances. [1] Side letters are often used in financial or property transactions, or other commercial contracts. They are usually in the form of a letter signed ...

5. Rental agreement - Wikipedia

   en.wikipedia.org/wiki/Rental_agreement

   Rental agreement. A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [1] As a minimum, the agreement identifies the parties, the property, the term of the ...

6. 99-year lease - Wikipedia

   en.wikipedia.org/wiki/99-year_lease

   British Hong Kong – The Convention for the Extension of Hong Kong Territory resulted in the 99-year lease of the New Territories from the Qing Empire to the British Empire in 1898. Hong Kong Island and the Kowloon Peninsula had already been ceded to the British in perpetuity after the Opium Wars. Transferred to full control of the People's ...

7. Lease - Wikipedia

   en.wikipedia.org/wiki/Lease

   A lease is a contractual arrangement calling for the user (referred to as the lessee) to pay the owner (referred to as the lessor) for the use of an asset. [1] Property, buildings and vehicles are common assets that are leased. Industrial or business equipment are also leased. In essence, a lease agreement is a contract between two parties: the ...