Fixed-Term Lease

Fixed-Term Lease is A lease with a set start and end date. It comes up most often when the team needs to understand how possession continues, rolls forward, or changes hands after the original agreement.

The term keeps showing up because lease structure changes how much flexibility the manager has and how much certainty the resident gets. It also shapes approval rules, pricing logic, and the risk of ending up with unclear possession.

1. Use Fixed-Term Lease to decide how the agreement should continue once the original term changes.

2. Review Fixed-Term Lease when the team needs to explain the tradeoff between flexibility for the operator and certainty for the resident.

3. Track Fixed-Term Lease so operations can route exceptions before unclear possession turns into a dispute.