A tenancy at will is a type of rental agreement where the tenant occupies the property with the permission of the landlord for an indefinite period of time. This type of tenancy can be terminated by either the landlord or the tenant at any time, without the need for a formal notice or reason.
Tenancies at will are typically used when a tenant needs temporary housing or when the landlord wants flexibility in renting out the property. This type of tenancy is often created verbally or through an informal agreement, rather than a written lease.
Since there is no fixed term for a tenancy at will, the rent can be paid on a monthly basis or as agreed upon by the landlord and tenant. The terms of the agreement can vary depending on the specific circumstances of the rental arrangement.
It is important for both the landlord and tenant to be aware of their rights and responsibilities in a tenancy at will arrangement, as there may be different rules and regulations that apply compared to a traditional lease agreement. It is recommended to have a clear understanding of the terms of the agreement to avoid any confusion or disputes in the future.
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