Property Management
An estate at will in a landlord-tenant relationship means:
AThe tenant is in the property against the landlord's wishes
BThe tenancy can be terminated by either party at any time with proper notice✓ Correct
CThe tenant may remain for the duration of the landlord's lifetime
DThe lease automatically renews for one year at expiration
Explanation
An estate at will (tenancy at will) is a landlord-tenant relationship with no fixed term that may be terminated by either party at any time with appropriate notice.
People Also Study
Related Alabama Questions
- In Alabama, a month-to-month tenancy can typically be terminated by either party with how much notice?Property Management
- Under the Alabama Landlord-Tenant Act, if a landlord fails to make required repairs within a reasonable time after written notice, the tenant may:Property Management
- Which type of lease does NOT expire at the end of a fixed term but continues from period to period until terminated?Property Management
- Under Alabama's residential landlord-tenant law, a landlord must provide notice of intent to terminate a month-to-month tenancy at least:Property Management
Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Math Concepts
Study This Topic
Practice More Alabama Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alabama Quiz →