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The contractual term is the initial agreed duration of your tenancy, as stated in your tenancy agreement.A contractual term can also refer to a term that forms part of a contract, for example a term in your tenancy agreement.
A tenancy can often run on longer than the initial contractual term, this is typically the case for statutory tenancies, such as the Assured Shorthold Tenancy, where the assured shorthold tenant has the statutory right to continue the tenancy after the contractual term has ended. In this case, the tenant stays in the property until the tenancy is ended in accordance with statutory rules. The entire duration of a tenancy is known as the term, which includes the contractual term and any statutory continutation of the tenancy.
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