Ask Question
8 March, 02:35

Tom rented an apartment from margaret on a month-to-month basis, with rent due on the first of the month. this type of tenancy is known as a "tenancy at will."true or false

+2
Answers (1)
  1. 8 March, 03:00
    0
    False.

    This is a periodic tenancy because Tom, as the tenant, may rent the apartment for successive periods under his lease, despite being "month-to-month." A tenancy at will, however, allows either the landlord or the tenant to terminate the arrangement at any time because there is more flexibility in the arrangement.

    One key difference is the issue of the tenant's notice to vacate the apartment. Under periodic tenancy, the law typically requires the tenant to give at least one period (here, one month) notice to the landlord of the tenant's wish to leave the property. No such notice requirement is typically found within a tenancy at will.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Tom rented an apartment from margaret on a month-to-month basis, with rent due on the first of the month. this type of tenancy is known as ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers