A habendum clause is a section of a contract relating to the rights, interests, and other aspects of property transferred by one of the parties in land transactions.
A lease option is an agreement that gives the lessee the right to choose whether to purchase the leased property during or at the end of the lease period.
Expiring tenants are the remaining tenants with an expired lease who no longer have the landlord’s permission to remain on the property, but who have not yet been evicted.