Property Management
In West Virginia, a month-to-month residential tenancy can be terminated by either party with:
ANo notice required
B7 days written notice
C30 days written notice✓ Correct
D60 days written notice
Explanation
In West Virginia, a month-to-month tenancy can be terminated by either the landlord or tenant with at least 30 days written notice prior to the next rent due date, unless the lease specifies a different notice period.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
State-Specific Concepts
Continuing Education
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