Examlex
Match each definition with the correct term below.
-Proxim/o
Monthly Periodic Lease
A lease agreement that automatically renews each month until either the tenant or landlord gives notice to terminate.
Termination Clause
A provision in a contract that specifies the conditions under which the contract may be ended before the performance is completed.
Notice of Termination
A documented notice informing an individual or entity of the end of a contract or employment.
Fee Simple
An estate in land that represents the greatest interest in land that a person may possess, and that may be conveyed or passed by will to another, or that on an intestacy would devolve to the person’s heirs.
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