What type of tenancy is typically month-to-month, requiring no fixed term?

What type of tenancy is typically month-to-month, requiring no fixed term?

• A. Periodic Tenancy
• B. Fixed-Term Tenancy
• C. Tenancy at Sufferance
• D. Estate for Years

Answer: (A)

The type of tenancy that is typically month-to-month and requires no fixed term is known as periodic tenancy. This arrangement allows either party—tenant or landlord—to terminate the lease by providing the required notice, which is usually defined by local law or the lease agreement. In Hawaii, for example, a month-to-month tenancy allows flexibility for both landlords and tenants, as it does not lock either party into a long-term commitment. Periodic tenancies can also be based on different intervals, such as weekly or yearly, but the common understanding typically refers to a month-to-month arrangement. This flexibility is beneficial in many rental situations, catering to varying needs of tenants who may not wish to commit to a longer lease or landlords who may want to retain the ability to adjust terms more frequently. The other terms presented, such as fixed-term tenancy, tenancy at sufferance, and estate for years, describe different types of rental agreements. Fixed-term tenancies are bound to a specific period, tenancy at sufferance typically involves a tenant remaining after the lease has expired without the landlord's consent, and an estate for years is a specific fixed-term lease with a defined beginning and ending date. These do not align with the characteristics of a month-to-month agreement.

The type of tenancy that is typically month-to-month and requires no fixed term is known as periodic tenancy. This arrangement allows either party—tenant or landlord—to terminate the lease by providing the required notice, which is usually defined by local law or the lease agreement. In Hawaii, for example, a month-to-month tenancy allows flexibility for both landlords and tenants, as it does not lock either party into a long-term commitment.

Periodic tenancies can also be based on different intervals, such as weekly or yearly, but the common understanding typically refers to a month-to-month arrangement. This flexibility is beneficial in many rental situations, catering to varying needs of tenants who may not wish to commit to a longer lease or landlords who may want to retain the ability to adjust terms more frequently.

The other terms presented, such as fixed-term tenancy, tenancy at sufferance, and estate for years, describe different types of rental agreements. Fixed-term tenancies are bound to a specific period, tenancy at sufferance typically involves a tenant remaining after the lease has expired without the landlord's consent, and an estate for years is a specific fixed-term lease with a defined beginning and ending date. These do not align with the characteristics of a month-to-month agreement.