A Tenancy at Will is 1.not a true leasehold interest because it does not last for a definite period, nor does the tenant have any right to exlude the landlord and remain on the premises. 2.a tenancy that expires on a specific day. 3.a leasehold interest that renews itself automatically on the last day of the term for a further term of the same duration. 4.not a true tenancy as the typical example is of an overholding tenant who enters into possession rightfully under a lease but now stays in possession wrongfully after the term has expired. 5.occupation by a trespasser, who enters without consent or lawful right and refuses to leave.

tenancy at will is a property tenure that can be terminated anytime either by the landlord or by the…

Answered: tenant have any right to exlude the…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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A Tenancy at Will is

	1.	not a true leasehold interest because it does not last for a definite period, nor does the tenant have any right to exlude the landlord and remain on the premises.
	2.	a tenancy that expires on a specific day.
	3.	a leasehold interest that renews itself automatically on the last day of the term for a further term of the same duration.
	4.	not a true tenancy as the typical example is of an overholding tenant who enters into possession rightfully under a lease but now stays in possession wrongfully after the term has expired.
	5.	occupation by a trespasser, who enters without consent or lawful right and refuses to leave.

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