App purchase is one time payment for lifetime?

I purchased Ringtone App today. I would like to know when we purchase any app, is it free for life time or we have to pay renewals? What to do for not renewal as our details are with App company and they can charge automatically. I do not want to renew. Please let me know.

Unless the vendor charges fees the app is yours subject to the vendor's restrictions, if any. However, the developer may charge for upgrades when they are released.

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