Under a three-year lease that has expired, if the tenant remains in possession and the owner accepts rent payments, the lease:

Question

Quizplus · Accepted Answer

The lease becomes a month-to-month tenancy when the tenant remains in possession after the lease has expired and the owner accepts rent payments. This is because the terms and conditions of the original lease continue to apply, except that the lease is now on a month-to-month basis, with either party able to terminate the tenancy by providing proper notice (usually 30 days). The lease is not renewed for the same term (three years or one year) as the original lease, nor is it canceled.

Under a Three-Year Lease That Has Expired, If the Tenant