Property Ownership
What is a 'periodic tenancy' in Delaware?
AA tenancy for a specified fixed term only
BA tenancy that runs for successive periods (week-to-week, month-to-month) and automatically renews unless terminated by proper notice✓ Correct
CA seasonal tenancy that exists only during certain periods of the year
DA tenancy with periodic rent increases built in
Explanation
A periodic tenancy (e.g., month-to-month, week-to-week) automatically renews at the end of each period unless either party gives proper advance notice of termination. In Delaware, month-to-month tenancies require at least 60 days' notice to terminate.
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