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Legal Definitions - et sic de anno in annum quamdiu ambobus partibus placuerit
Definition of et sic de anno in annum quamdiu ambobus partibus placuerit
The Latin phrase et sic de anno in annum quamdiu ambobus partibus placuerit translates to "and so from year to year, as long as it pleases both parties."
This legal principle describes an agreement or contract that, after an initial term, automatically renews itself annually under the same conditions. It continues indefinitely unless one of the parties decides to terminate or alter it. It signifies a tacit, or unspoken, agreement to continue a relationship on a yearly basis, based on the ongoing mutual satisfaction of everyone involved.
Here are some examples illustrating this concept:
Commercial Office Lease: Imagine a small graphic design studio that signs a one-year lease for its office space. The lease agreement includes a clause stating that if neither the landlord nor the tenant provides notice to terminate at least 60 days before the lease expires, the agreement will automatically renew for another year under the same terms. If both parties are content with the arrangement, the lease will continue to roll over year after year, demonstrating et sic de anno in annum quamdiu ambobus partibus placuerit.
Agricultural Land Rental: A farmer leases a plot of land from a landowner to grow crops. Their initial agreement is for a single growing season, lasting one year. However, if at the end of that year, both the farmer wishes to continue cultivating the land and the landowner is happy with the rental arrangement, and neither communicates a desire to end it, the lease is understood to extend for another year, and then another, on the same terms. This ongoing, yearly renewal based on mutual consent exemplifies the principle.
Professional Service Retainer: A non-profit organization hires a marketing consultant on an initial one-year contract to manage their social media presence. The contract specifies that if both the non-profit is satisfied with the consultant's services and the consultant wishes to continue the engagement, and no formal notice of termination or renegotiation is given, the contract will automatically renew for successive one-year periods. This continuous, yearly renewal, contingent on the satisfaction of both the organization and the consultant, perfectly illustrates et sic de anno in annum quamdiu ambobus partibus placuerit.
Simple Definition
The Latin phrase "et sic de anno in annum quamdiu ambobus partibus placuerit" translates to "and so, from year to year, so long as both parties please or are agreed." This term describes an agreement, often a lease, that automatically continues on an annual basis as long as both parties consent. Historically, it was used in reference to tacit relocation, where an agreement persists without explicit renewal.