Term of the Lease. (1) An agreement is required for premises that are leased for a period exceeding one year. A lease without an agreement shall be deemed to last for an indefinite period. The term of a lease agreement shall not exceed 20 years. A term that exceeds 20 years shall be reduced to 20 years.
Appears in 14 contracts
Samples: meo.yzu.edu.tw, www.591.com.tw, land.e-land.gov.tw
