释义 |
tenancy at will
tenancy at willn. occupation of real property owned by another until such time as the landlord gives notice of termination of the tenancy (usually 30 days by state law or agreement) which may be given at any time. A tenancy at will is created by agreement between the tenant and the landlord, but it cannot be transferred by the tenant to someone else since the landlord controls the right to occupy. (See: tenancy) tenancy at will
Tenancy at WillA lease binding the parties to each other on a month-to-month basis. A tenancy at will occurs because of some defect in the original lease that renders its term invalid.tenancy at willA landlord-tenant relationship that arises because of some defect in a written lease or because the parties intended to execute a lease but,for some reason,never did.It continues for as long as both parties desire it to continue,usually on a month-to-month basis.Many consumer protection statutes require a minimum of 30 days notice before termination of a tenancy at will. (Do not confuse with a periodic tenancy, which may be from month to month and terminable upon a 30-day notice, but which was never intended to be anything more than a lease for an indefinite time.) |