Property Management
In Virginia, a commercial tenant holdover (staying past lease expiration) without a new agreement typically converts the tenancy to:
AA permanent tenancy
BA periodic tenancy (month-to-month) at the same rent unless the landlord objects✓ Correct
CAn unlawful occupancy immediately
DA 90-day tenancy only
Explanation
If a commercial tenant holds over after lease expiration with the landlord's tacit acceptance, the tenancy typically converts to a month-to-month tenancy under the original terms until either party provides notice to terminate.
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