Property Management
When a tenant remains in possession after their lease expires without a new agreement, this is called:
AA periodic tenancy
BA holdover tenancy (tenancy at sufferance)✓ Correct
CA tenancy at will
DA license to occupy
Explanation
A holdover tenancy (tenancy at sufferance) exists when a tenant remains in possession after their lease has expired without the landlord's permission. The landlord may either evict the tenant or accept rent to create a new tenancy.
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