Question

A family's apartment lease has expired, but their landlord has indicated to them that they may remain on the premises until a sale of the building is closed. They will be charged their normal monthly rental during this period. The right held by the family is calledA)

Answer 1

A tenancy at will

Step-by-step explanation:

Tenancies types includes: tenancy for years, periodic tenancy, tenancy at will, and others.

Leases is simply A right granted to a temporary exclusive possession, covenants in lease and conditions given.

A tenancy at will is a form of tenancy that is created by implication of law. This is a scenario in which a tenant enters into possession under an agreement for carrying out or execution of a lease for a specific period of term, but the lease is never executed.

It therefore implies that the tenant has the word, guarantee or permission of the landlord's to occupy a property. Mostly, there is no signed rental agreement between the two parties.