periodic tenancy
Definition
Tenancy that automatically continues from one lease or rental period to the next, until terminated by the tenant or landlord via a prescribed or statutory notice. Periodic tenancies are created expressly (through a written agreement), or by implication when a landlord accepts the rent at the beginning of a rental period.
periodic tenancy is in the Banking, Commerce & Finance and Real Estate & Buildings subjects.
periodic tenancy appears in the definition of the following term: tenancy from year to year
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