Property Management

Which type of lease provides the most stability for both landlord and tenant?

AMonth-to-month tenancy
BFixed-term lease (e.g., 1-year lease)✓ Correct
CTenancy at will
DPeriodic tenancy

Explanation

A fixed-term lease sets a defined rental period with stable, known terms for both parties. Month-to-month and tenancy at will arrangements offer less stability as they can be terminated with shorter notice.

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