An estate at will leasehold is 1. automatically terminated on the death of the owner or sale of the property. 2. arises when tenants continue to occupy rentals after their lease expires without the landlord's consent. 3. is automatically renewed for the same term as in the original lease. 4. involves original tenants leasing their occupancy rights to a third party.

Question

Business

Bryanna Rivera

13 January, 11:45

An estate at will leasehold is 1. automatically terminated on the death of the owner or sale of the property. 2. arises when tenants continue to occupy rentals after their lease expires without the landlord's consent. 3. is automatically renewed for the same term as in the original lease. 4. involves original tenants leasing their occupancy rights to a third party.

+2

Answers (1)

Know the Answer?

Joel Nash · Answer 1

An estate at will is automatically terminated on the death of the owner or sale of the property

Explanation:

An estate at will is a form of tenancy agreement, mostly verbal and no documented, in which the tenant lives in an apartment without a formal lease contract.

In such agreement, rent, rental period and termination date are not clearly defined. It mostly occur after at the end of a certain period of tenancy and can be terminated at any time by either party or through the death of eithe the landlord or the tenants