The agreement may be concluded for a fixed term which may not exceed five years. It may be renewed by express decision of the parties. Division may only be brought about before the agreed term if there are just grounds.
The agreement may also be concluded for an indefinite period. In this case, partition may be brought about at any time, provided it is not in bad faith or at an inconvenient time.
It may be agreed that the fixed-term agreement will be renewed by tacit agreement for a fixed or indefinite period. In the absence of such an agreement, undivided ownership will be governed by articles 815 et seq on expiry of the fixed-term agreement.