Property Management
When a tenant remains in possession after a lease expires without signing a new lease and the landlord accepts rent, this creates a:
ATenancy for years
BTenancy at will
CPeriodic tenancy (holdover tenancy)✓ Correct
DTenancy at sufferance
Explanation
When a tenant holds over after lease expiration and the landlord accepts rent, a periodic tenancy (holdover tenancy) is created, typically on a month-to-month basis. The same terms of the original lease generally apply.
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