I am wondering if contracts have an expiration date. Do they eventually expire or are they indefinite? I would like to know if there is a general rule or if it depends on the specific terms of each contract.
7
answers
CryptoChampion
Mon Mar 10 2025
Upon expiration of a contract, all its terms cease to hold any enforceability.
Ilaria
Sun Mar 09 2025
Post-expiration, the parties are no longer bound by the contract's clauses or conditions.
Caterina
Sun Mar 09 2025
In some instances, depending on the specific nature of the contract, additional steps may be required following its termination.
Alessandra
Sun Mar 09 2025
The contract is rendered null and void, marking the termination of its legal binding force.
henry_rose_scientist
Sun Mar 09 2025
Consequently, the parties involved are relieved from fulfilling any duties or obligations stipulated within the contract.