Property Ownership
An estate at will is a tenancy that:
ARuns for a fixed period stated in the lease
BMay be terminated by either the landlord or the tenant at any time with proper notice✓ Correct
CAutomatically converts to a month-to-month tenancy after one year
DCan only be created by written agreement
Explanation
An estate at will is a tenancy of indefinite duration that may be terminated by either party at will. Some states require advance notice to terminate; others allow termination at any time.
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