Property Management

Which type of lease does NOT expire at the end of a fixed term but continues from period to period until terminated?

ALease for years (fixed-term lease)
BPeriodic tenancy (month-to-month)✓ Correct
CEstate at will
DEstate at sufferance

Explanation

A periodic tenancy automatically renews at the end of each period (week, month, year) until properly terminated by either party with appropriate notice.

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