Property Ownership

In Minnesota, a 'tenancy at will' is a leasehold estate that:

ALasts for a fixed term specified in the lease
BContinues for an indefinite period and may be terminated by either party with proper notice✓ Correct
CAutomatically converts to a month-to-month tenancy after 30 days
DRequires a one-year notice to terminate

Explanation

A tenancy at will is an estate of indefinite duration that either party (landlord or tenant) may terminate with proper notice. It typically arises when there is no written lease or when a lease has expired and the landlord allows the tenant to continue on an informal basis. Minnesota requires reasonable notice to terminate.

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