periodic tenancy

A tenancy that automatically continues for successive periods — usu. month to month or year to year — unless terminated at the end of a period by notice.

• A typical example is a month-to-month apartment lease. This type of tenancy originated through court rulings that, when the lessor received a periodic rent, the lease could not be terminated without reasonable notice.

— Also termed tenancy from period to period; periodic estate; estate from period to period; (more specif.) month-to-month tenancy (or estate); year-to-year tenancy (or estate). [Cases: Intoxicating Liquors 160; Landlord and Tenant 114, 115. C.J.S. Intoxicating Liquors § 257; Landlord and Tenant §§ 132, 137, 146.]

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词条贡献者

资深译员Jenny，毕业于欧洲顶尖的高级翻译学院，擅长翻译涉及体育和运动场馆领域的法律文件。