Property Ownership
Which of the following BEST describes 'tenancy at will' in Mississippi?
AA lease for a fixed term that ends automatically
BA tenancy that can be terminated by either party at any time with proper notice✓ Correct
CA tenancy created by a will upon the owner's death
DA tenancy held jointly by multiple people
Explanation
A tenancy at will is an informal tenancy with no fixed term that can be terminated by either the landlord or tenant at any time (with proper notice under state law). It may arise from an expired lease or an informal arrangement.
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