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Certainty of term: letting 'until the land is needed' to a company (Berrisford v Mexfield)

In 2024 a district council let a yard in Stoke-on-Trent, England, to Kestrel Storage Ltd, a company, by an agreement stating that the letting would last 'until the council requires the land for the extension of its depot'. Kestrel took exclusive possession and has paid rent monthly ever since, as the agreement required. The council has no present plans to extend the depot.

Which of the following best describes the legal effect of the agreement?

Choose one answer to see the reasoning.

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