Brian just began graduate school at the local university and is looking to rent an apartment. A family friend has decided to lease him a two bedroom, one bathroom cottage through an oral agreement with no definite lease period outlined. Which of the following leasehold estates best describes Brian's situation?
A) Tenancy for years
B) Tenancy at sufferance
C) Periodic tenancy
D) Tenancy by the entirety

Question

Quizplus · Accepted Answer

Brian's situation can be described as a periodic tenancy because there is no definite lease period outlined and the lease is based on an oral agreement. A periodic tenancy is a leasehold estate that automatically renews for a specified period (such as month-to-month or year-to-year) until either the landlord or tenant gives notice to terminate.

Brian Just Began Graduate School at the Local University and Is