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Leasing Property ManagementLease_types_and_termsMEDIUM

An owner lets a friend stay in a cottage with consent but without a lease term and with the understanding that either party can end the arrangement. What type of tenancy is this?

Correct Answer

B) Tenancy at will

Tenancy at will is correct because the facts match a tenancy with no fixed term that can generally be terminated by either party on proper notice under applicable law. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Tenancy at sufferance
B
Tenancy at will
C
Net lease
D
Gross lease

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Related Topics & Key Terms

Key Terms:

lease_types_and_termsleasingtenancy_at_willleasehold
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