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Suppose a tenant's estate for years ends, but the tenant is buying a house and the closing is delayed. The tenant and landlord agree to a month-to-month lease. This is known as
A. tenancy by the entirety 
B. estate at will
C. periodic tenancy
D. estate at sufferance.
A periodic tenancy is also know as an estate from period to period. Choice (a) is ownership by a married couple and is a freehold estate. Choice (b) is a leasehold estate, but refers to a situation in which the landlord allows a tenant to occupy a property without a specific end date. Choice (d) is also a leasehold estate, but the tenant is staying without the landlord's permission after the expiration of a lease.
 
 
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property ownership
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Added: 7/19/2013
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