Asked by
LESSLY FLORES RIVERA
on Nov 21, 2024
Verified
What type of lease did Jessica and Willa want to enter?
A) A definite-term lease
B) A periodic-tenancy lease
C) A tenancy-at-will lease
D) A tenancy-at-sufferance lease
E) A monthly-term lease
Periodic-Tenancy Lease
A lease agreement that automatically renews for a period identical to the initial lease term, such as monthly or yearly, until terminated by either party.
- Recognize the differences between assorted types of leases and their properties.
Verified Answer
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Learning Objectives
- Recognize the differences between assorted types of leases and their properties.