Property Management
When a residential lease expires and the tenant remains in possession with the landlord's consent and continues to pay rent, the tenancy becomes:
AA tenancy at sufferance
BA periodic tenancy (holdover tenancy)✓ Correct
CA tenancy at will
DA fixed-term lease renewal
Explanation
When a tenant holds over after lease expiration with the landlord's implied or express consent and continues paying rent, a periodic tenancy (holdover tenancy) is created, typically month-to-month.
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