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3 Cards in this Set
- Front
- Back
Teanancy Four years |
A lease for a fixed period of time, for a tendency for years lease, no notice is needed for termination, the lease knows the termination date from the outset of lease. |
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Teanancy at Sufferance, |
IT occurs the original lease conditions must be met including the payment of any rents. |
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Tenancy at Will |
Also known as estate at will is a property tenure - without a lease or written agreement -that can be terminated at any time by either the tenant or the owner (Landlord) it exists without a contract or lease and usually does not specify length of tenants duration or the exchange of payment. |