A fixed-term tenancy is created when property is leased for a specified period of time.

Name: A fixed-term tenancy is created when property is leased for a specified period of time.
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Question

A fixed-term tenancy is created when property is leased for a specified period of time.​

Quizplus · Accepted Answer

A fixed-term tenancy is a lease agreement that specifies a certain duration of time for which the tenant can occupy the property. Once the lease ends, the tenant must either vacate the premises or renegotiate the lease agreement.

A Fixed-Term Tenancy Is Created When Property Is Leased for a Specified