Property Management
A tenant's lease expires and they remain in possession without signing a new lease, continuing to pay rent, which the landlord accepts. What type of tenancy has been created?
ATenancy at sufferance
BMonth-to-month (holdover) tenancy✓ Correct
CTenancy for years
DTenancy at will
Explanation
When a lease expires and the landlord accepts continued rent payments from the tenant, a holdover month-to-month tenancy is created. The terms of the original lease generally carry over, but either party may terminate with proper notice. A tenancy at sufferance exists when a tenant holds over without the landlord's consent.
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