fixed-term lease

Time-limited rental agreement

A fixed-term lease is a rental agreement that runs for a specified period—typically six months or a year—after which it either ends or converts to a month-to-month arrangement.

Neither landlord nor tenant can terminate early without penalty unless the lease provides for it: We're locked in until the fixed-term lease expires in March.

Related

termination clause · early termination · tenant rights · fair housing · landlord · security deposit · first and last · eviction notice · dispute resolution · tenant · rent · occupancy limits · apartment · rental property · move-in date · signing · insurance requirements · housing

Opposites
lease duration structure

fixed-term leasemonth-to-month lease

Rental renewed each period automatically

weekly rental · short-term rental

ownership vs. tenancy

fixed-term leaseproperty ownership

Holding title to land

homeownership · home ownership · permanent residence

commitment flexibility

fixed-term leaseshort-term rental

Temporary leased accommodation

hotel stay · sublease

Family

fixed, term, lease

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