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Lease whose duration has not been specified by the parties and which terminates upon resiliation by one of the parties. Any lease that is not concluded for a fixed term is a lease of indefinite duration.
WHAT TO KEEP IN MIND: In a decision rendered by the Superior Court of Quebec, it was held that an agreement between a syndicate of co-owners and a co-owner, relating to the use and payment of fees associated with a parking space, should be considered an indeterminate term lease.