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Simple English definitions for legal terms
ad terminum annorum
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A quick definition of ad terminum annorum:
Term: AD TERMINUM ANNORUM
Definition: Ad terminum annorum is a legal term that means for a specific number of years. It is used to describe a contract or agreement that is valid for a set period of time.
A more thorough explanation:
Definition: Ad terminum annorum is a Latin legal term that means "for a term of years."
Example: A lease agreement that states a tenant can rent a property for five years is an example of ad terminum annorum.
Explanation: Ad terminum annorum is commonly used in legal documents, such as lease agreements, to specify the duration of a contract or agreement. In the example given, the lease agreement specifies that the tenant can rent the property for a term of five years, after which the agreement will expire. This term is important because it sets a clear timeline for the agreement and helps both parties understand their obligations and responsibilities during that time.