Tenancy-at-Will

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Definition of 'Tenancy-at-Will'

A tenancy-at-will is a type of lease agreement in which the tenant has no fixed term and can terminate the lease at any time, for any reason, with or without notice. The landlord can also terminate the lease at any time, for any reason, with or without notice.

Tenancy-at-will is the most basic form of lease agreement and is often used for short-term rentals, such as month-to-month rentals. It is also used for situations where the landlord and tenant are unsure of how long the tenancy will last, such as when the tenant is waiting to find a permanent home.

Because there is no fixed term, tenants in a tenancy-at-will arrangement have very few rights. They are not entitled to any notice of termination, and the landlord can raise the rent or evict them at any time. Tenants in a tenancy-at-will arrangement are also responsible for all repairs and maintenance to the property.

Landlords in a tenancy-at-will arrangement have very few responsibilities. They are not required to provide any notice of termination, and they can raise the rent or evict the tenant at any time. Landlords are also not responsible for any repairs or maintenance to the property.

Tenancy-at-will is a very flexible arrangement that can be beneficial for both landlords and tenants. However, it is important to understand the rights and responsibilities of both parties before entering into a tenancy-at-will agreement.

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