A periodic lease means:
A) A lease in which the parties agree to no set termination date but to the rental period being automatically renewed
B) A term lease
C) A lease created when a tenant is over-holding after the termination date of his lease without the landlord's permission
D) A tenancy created when an owner of property allows a purchaser to take possession before title transfers to him
E) A lease granting the lessee exclusive possession for one year
Correct Answer:
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