SECTION 3. THE TERM Art. 2678. Term The lease shall be for a term. Its duration may be agreed to by the parties or supplied by law. The term may be fixed or indeterminate. It is fixed when the parties agree that the lease will terminate at a designated date or upon the occurrence of […]
Art. 2679. Limits of contractual freedom in fixing the term The duration of a term may not exceed ninety-nine years. If the lease provides for a longer term or contains an option to extend the term to more than ninety-nine years, the term shall be reduced to ninety-nine years. If the term’s duration depends solely […]
Art. 2680. Duration supplied by law; legal term If the parties have not agreed on the duration of the term, the duration is established in accordance with the following rules: (1) An agricultural lease shall be from year to year. (2) Any other lease of an immovable, or a lease of a movable to be […]
