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Simple English definitions for legal terms

fixed-term lease

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A quick definition of fixed-term lease:

A fixed-term lease is a type of agreement for oil and gas exploration that lasts for a specific period of time. Unlike other leases, it does not have a clause that allows it to continue indefinitely. This means that the lease will expire at the end of the agreed-upon term.

A more thorough explanation:

A fixed-term lease is a type of lease agreement that has a specific end date. This means that the lease will expire on a certain date, and the tenant will have to move out or renew the lease if they want to continue living in the property.

For example, if a tenant signs a one-year fixed-term lease on an apartment, they will be required to move out at the end of the one-year period unless they renew the lease with the landlord.

This type of lease is commonly used in the oil and gas industry for leasing land for a specific period of time for drilling or exploration. The lease will specify the exact start and end dates of the lease, and the lessee will have to vacate the land at the end of the lease term.

The fixed-term lease is different from a periodic lease, which automatically renews at the end of each rental period until either the tenant or landlord gives notice to terminate the lease.

fixed sentence | fixing a jury

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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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