A tenancy created when a lease specifies intervals at which payments are due but does not specify the duration of the lease is known as a ________.
A)tenancy at sufferance
B)life tenancy
C)periodic tenancy
D)tenancy at will

Question

Quizplus · Accepted Answer

A periodic tenancy is a lease agreement that specifies routine payment intervals (such as monthly or quarterly) but does not have a fixed expiration date. Instead, the lease agreement automatically renews at the end of each payment period until one of the parties gives notice of termination.

A Tenancy Created When a Lease Specifies Intervals at Which