What is tenancy at will?

Tenancy at will refers to a rental agreement between a landlord and tenant where either party can terminate the lease without notice. This type of agreement is generally less formal than a traditional lease, and may not have specific rent payment or term requirements. Tenancy at will agreements are often used for short-term rentals or situations where the landlord and tenant do not want to be locked into a long-term commitment.

Some key features of tenancy at will include:

• Either the landlord or tenant can end the rental agreement at any time, without notice.
• There may not be a specific end date for the lease, but the tenant is expected to pay rent for as long as they remain in the property.
• Rent may be paid monthly or on a more flexible schedule agreed upon by both parties.
• The landlord is generally responsible for maintaining the property and making necessary repairs, but this may differ depending on the terms of the agreement.

It's important for both landlords and tenants to carefully review and understand the terms of a tenancy at will agreement before signing. While this type of agreement can offer flexibility, it also leaves both parties with less predictability and security than a traditional lease.