284 AGRICULTURAL ECONOMICS 



Notice to terminate lease. Where land is let from year to 

 year or for one, three, or five years, with the understanding that 

 the tenant may remain as much longer as it is mutually agree- 

 able, it is common to include a clause in the lease to the effect 

 that (after the fixed period has elapsed) in case either party de- 

 sires to bring the tenancy to a close at the end of the year, he 

 must give the other party written notice to that effect ninety 

 days (sometimes six months) prior to the end of the year. In 

 the absence of any notice, the contract is to be considered 

 renewed for another year. 



