RoaldDahl
16:15
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
estate from period to period
Read a random definition: threat
A quick definition of estate from period to period:
Estate from period to period is a type of tenancy where the tenant automatically continues to occupy the property for successive periods, such as month-to-month or year-to-year, unless the tenancy is terminated by notice. It is also known as periodic tenancy. This type of tenancy originated from court rulings that stated that a lease could not be terminated without reasonable notice when the lessor received a periodic rent.A more thorough explanation:
Estate from period to period is a type of tenancy where the tenant occupies the property for successive periods, such as month-to-month or year-to-year, unless the tenancy is terminated by notice at the end of a period. This is also known as a periodic tenancy.
For example, if a tenant signs a lease for a month-to-month tenancy, they can continue to occupy the property each month as long as they pay rent and the landlord does not terminate the tenancy with proper notice.
This type of tenancy is different from a fixed-term tenancy, where the tenant occupies the property for a specific period of time, such as a one-year lease.