Legal Definitions - relocatio

RELOCATIO

Relocatio is a Latin term used in civil law to refer to the renewal of a lease. It is also known as reconduction.

Example 1: John's apartment lease was expiring in a month, but he decided to stay for another year. He contacted his landlord to request a relocatio of his lease.

Example 2: The company's office lease was up for renewal, and they decided to negotiate a better deal with the landlord during the relocatio process.

Relocatio refers to the process of renewing a lease agreement. In the examples provided, John and the company both decided to renew their lease agreements with their respective landlords. This process involves negotiating new terms and conditions, such as rent amount, lease duration, and other relevant factors. Relocatio is an important legal concept that helps tenants and landlords to continue their business relationship in a mutually beneficial way.