Property Management
A property manager who allows a tenant to remain on the premises after a lease expires without a new agreement, and the landlord accepts rent, creates a:
ATenancy at sufferance
BTenancy at will
CPeriodic tenancy✓ Correct
DHoldover tenancy requiring eviction
Explanation
When a tenant holds over after lease expiration and the landlord accepts rent, a periodic tenancy is created — typically on the same terms as the expired lease, but on a period-to-period basis. The landlord's acceptance of rent signals consent to the holdover.
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