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Discover LudwigThe phrase "are expiring" is grammatically correct and can be used in written English.
It is used to describe a condition or situation where something is coming to an end or reaching its expiration date. Example: "The contracts for our employees are expiring next month, so we need to start the hiring process for new staff."
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Patents on blockbuster drugs are expiring.
Local matches from towns and counties are expiring.
Contracts are expiring and reconstruction money is almost completely spent.
Benefits for welfare recipients are expiring under government-imposed deadlines.
Worse, patents are expiring on some important current products.
They are either three or five year leases and are expiring in 2011.
The discretionary spending parts of the Obama stimulus are expiring as we speak.
Possible tenants include government agencies with leases in the New York area that are expiring.
Additionally, the fiscal stimulus measures that have propped up growth are expiring.
Several other provisions are expiring at the end of the year as well.
Five-year leases on properties opened in 2006 and 2007 are expiring now.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com