Contract renewal
The landlord and tenant can opt to have the rental contract automatically renew. In order for this to happen, the "Renew on Expiration" option must be set to "Yes" by both the landlord and tenant. This can be set through the vendor's Contract Options menu.
When the renewal occurs, the fee will be taken from the vendor’s account and the landlord will be able to come by at anytime afterwards and collect the rent by selecting the "Collect Rent" option from the vendor's context menu. If the vendor's account can't cover the rental price, the contract will not be renewed.
If at anytime the renewal price is changed, the tenant’s renewal choice will automatically be set to "No." Both the landlord and the tenant will need to accept this new renewal cost in order for the renewal to occur.
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There may come a time when both parties of a rental agreement will choose to terminate the rental contract. As such, there are a couple methods available to end a contract:
Expiring contracts: One way to terminate a contract is to not renew it. Vendors will disappear at the end of a non-renewing contract period. If either party of the contract agreement has the "Renew on Expiration" option set to "No," then the contract will simply not renew.
Once a contract expires, the vendor will immediately vanish and its inventory and funds will move to a special "vendor crate" (This is more like a virtual container, rather than an actual object.). The tenant will be able to collect any funds remaining on the vendor, as well as any items remaining in the vendor’s inventory, by using a context-sensitive menu option on the house sign.
Dismissing vendors: Another option, available only to the tenant, is to dismiss the vendor. If the tenant dismisses a vendor early (before the contract expires), the contract will be terminated with no refund of the rental fees. Tenants will be able to terminate a rental contract in this fashion at anytime.
Refunding a contract: Both parties can also make a joint decision to terminate the contract before it expires, which would allow the tenant to receive a refund of the rental fees they have paid to the landlord. The landlord will be the one to determine the exact amount of the refund.
The tenant and landlord must both be within two tiles of the vendor in order to jointly terminate the contract. The landlord will be able to select an option from the vendor's context menu called "Terminate Contract." If the vendor is not empty, the tenant will be warned that the vendor’s inventory will be placed in the "vendor crate," and that they will have a 9-day grace period to collect the items. The landlord will be prompted to enter a refund amount. That amount will be displayed to the tenant, who may agree or disagree to the termination. If the tenant agrees, the refund amount will be subtracted from the landlord’s banked gold and deposited in the tenant's bank box, and then the vendor will be moved to the "vendor crate." If the tenant disagrees, the rental contract will continue on without change.
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And unfortunately if the owner of a vendor does not collect whatevers from the house sign, after 30 days I believe it is, those goods items become thus claimable by home owner...after the time span for the vendor owner has expired and not till then. I do believe flat out gp if any is left on vendor in form of pay goes back to owners bank *not sure on that though* all items after the time span where the vendor owner could reclaim from house sign expires then the home owner can get those items out of house sign. *not any co owners* of said house. I know that for fact cuz after Cliff passed away HIS items fell into the moving crate after his own vendors expired, yet I could not claim those for the guild..nor could I get out any items others had on their vendors *as co owner* from house moving crate sign..THEY had to claim those before their time as vendor owner expired *and well Aeric was not able to access those anymore* :* some lost their stuff they did not heed my warning that they had 30 days maybe only to claim their stuff and didnt come for it, I never could access it as co owner so when house fell they lost all their crap NOT MY FAULT either. They were told to come get their vendors stuff out of house sign and didnt listen to me...esp when the owner of said house passed away.
http://guide.uo.com/miscellaneous_5.html
