periodic tenancy


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periodic tenancy

A tenant's right to possess and use property for periods defined by the amount of rent paid. If rent is paid on a monthly basis, then the tenancy continues month to month as the tenant chooses to stay and the landlord chooses to continue accepting rent.If the tenant pays rent on an annual basis, for an entire year at a time, then the tenancy continues on a year-to-year basis. Consumer protection laws define the amount of notice necessary to terminate a periodic tenancy for residential properties.Usually,the landlord must give 10 days notice for a week-to-week tenancy and 60 days notice for a month-to-month tenancy.

References in periodicals archive ?
The trial saw 179 tenancies participate, with 124 (69 per cent) of those tenancies successfully progressing from a fixed term tenancy to a periodic tenancy.
A tenant can end a periodic tenancy by issuing a valid notice to quit to you as landlord.
18) If they chose the lease, it could be a term of years, a periodic tenancy, or a tenancy at will.
Alternatively, if the tenant has access to the premises and is paying rent at intervals, this kind of situation can give rise to a periodic tenancy.
The High Court examined the conduct of the parties in the postexpiry period to establish whether the property had been occupied by the tenant under a periodic tenancy or a tenancy at will.
Each province has its own law which states the reasons that a landlord is allowed to terminate a periodic tenancy.
A tenant may be described as a 'tolerated trespasser' when, under a secure or assured periodic tenancy, the tenancy comes to an end but the occupier continues to reside in the property.
A When the period of an assured short hold tenancy comes to an end and the tenancy is not renewed the tenant has a periodic tenancy until the landlord wishes to end it.
Once the period of an assured short hold tenancy has ended,it becomes a periodic tenancy.
The case was a bit different, in that the lease was originally for a fixed term and then lapsed into a periodic tenancy, but the judge essentially said that if tenants are joint and severally liable to pay the rent, then the tenants remain responsible for the debt even though the tenancy changed from fixed term to periodic.
TDS will assume that the tenancy has continued on a "same terms" statutory periodic tenancy and protection from the scheme will not end.
If a statutory periodic tenancy arises because you allow the tenant to stay on after the fixed term ends, the period will be the interval at which rent is paid.

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