tacit relocation doctrine

tacit-relocation doctrine. The principle under which a lease is presumed to continue (usu. for a one-year period) beyond its expiration date because of the parties’ failure to indicate that the agreement should terminate at the stipulated date. [Cases: Landlord and Tenant 115(1).]

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词条贡献者

资深译员Fang，毕业于美国一流的高级翻译学院，专注翻译各种与主权及机构投资有关的法律文件。