Property Management
A commercial tenant in Seattle exercises an option to renew their lease. The original lease expired but the tenant is holding over while the renewal paperwork is completed. This situation is:
AA trespass because the original lease expired
BA tenancy at sufferance until the renewed lease is executed
CA month-to-month tenancy by operation of law✓ Correct
DA periodic tenancy at the original lease terms
Explanation
When a commercial tenant holds over with the landlord's permission while paperwork is completed, the situation is typically treated as a month-to-month tenancy at the original lease terms until the new lease is formally executed.
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