What Is Periodic Tenancy in Real Estate?
A periodic tenancy is a leasehold that runs for successive intervals of the same length and renews automatically until one party gives notice. A month-to-month rental is the everyday example, and because there is no fixed end date, ending it requires notice rather than simply waiting for expiry.
How the exam tests periodic tenancy
These mirror the phrasing you will see on test day. Answer them, then read the explanation whether or not you got it right.
A tenant remains in possession after the lease expires, without the landlord’s consent. This creates a(n):
Every periodic tenancy question, answered
Every question above with its correct answer and the reasoning behind it. Read the explanations for the ones you answered correctly too. A lucky guess and knowing the rule look identical on a score report. These are sample questions from our larger bank.
1. A tenant remains in possession after the lease expires, without the landlord’s consent. This creates a(n):
Why: Holding over without consent creates an estate at sufferance — the lowest form of leasehold. If the landlord then accepts rent, it typically converts to a periodic tenancy.
2. A written lease runs from January 1 through December 31 and contains no renewal clause. Which leasehold estate does the tenant hold?
Why: A lease with a fixed beginning and a fixed ending date creates an estate for years, which expires on its own without notice from either party. A periodic tenancy has no stated end date and renews until someone gives notice.
3. A one-year lease expires, the tenant remains, and the landlord accepts and deposits the next monthly rent check. The tenancy is now most likely:
Why: Accepting rent from a holdover converts the occupancy into a periodic tenancy, usually month to month, continuing until proper notice ends it. The tenancy at sufferance ends the moment the landlord accepts the rent.
4. A tenancy continues from month to month until properly terminated. Which feature distinguishes it from a fixed-term leasehold?
Why: A periodic tenancy renews by recurring periods. Termination requirements depend on applicable law and the agreement.
Where periodic tenancy sits in the exam vocabulary
Words that mean periodic tenancy, but only sometimes
Related exam terms
Periodic Tenancy belongs to the leasehold estate family of exam concepts. When it is solid, take the free real estate exam prep or browse the full real estate exam vocabulary.
