Contracts
An Arizona lease that automatically converts to a month-to-month tenancy when the fixed term expires (absent renewal notice) is called a:
AHoldover lease
BTenancy at sufferance
CPeriodic tenancy by operation of law✓ Correct
DTenancy at will
Explanation
When a fixed-term lease expires and the tenant continues to occupy with the landlord's acquiescence, a periodic tenancy (typically month-to-month) arises by operation of law, continuing on the same terms as the original lease.
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