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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. 99-year lease - Wikipedia

    en.wikipedia.org/wiki/99-year_lease

    In the law of several US states, a 99-year lease will always be the longest possible contract for realty by statute, but many states have enacted shorter terms and some allow infinite terms. [citation needed] Due to the influence of the ideas of Henry George at the time the Australian Capital Territory (ACT) was established in the early 20th ...

  5. Rent-to-own - Wikipedia

    en.wikipedia.org/wiki/Rent-to-own

    Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...

  6. Indefeasible rights of use - Wikipedia

    en.wikipedia.org/wiki/Indefeasible_rights_of_use

    Indefeasible right of use ( IRU) is a type of telecommunications lease permanent contractual agreement, that cannot be undone, between the owners of a communications system and a customer of that system. The word "indefeasible" means "not capable of being annulled, or voided, or undone". The customer purchases the right to use a certain amount ...

  7. 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 ...

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