Contracts
Which type of lease gives the tenant the most long-term security?
AMonth-to-month tenancy
BTenancy at will
CFixed-term (estate for years) lease✓ Correct
DPeriodic tenancy
Explanation
A fixed-term lease (estate for years) provides tenants with the greatest security because the term is fixed and cannot be terminated early by either party without cause (absent a lease provision allowing early termination). The tenant knows exactly how long their right to occupy lasts.
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