Property Management
A Rhode Island commercial tenant's lease expires and they remain in the space while negotiating a new lease with the landlord's knowledge and acceptance of rent. This is most likely a:
AHoldover tenancy converting to month-to-month✓ Correct
BTenancy at will that can be terminated without notice
CA violation of the original lease
DA new five-year lease by operation of law
Explanation
When a commercial lease expires and the tenant holds over with the landlord's acceptance of rent, a holdover tenancy—often converting to a month-to-month periodic tenancy—is created, unless the parties agree to different terms.
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