Which type of estate is created when the landlord and tenant enter into an agreement for an indefinite time with no specific ter

Question

eduard

3 years ago

10

Which type of estate is created when the landlord and tenant enter into an agreement for an indefinite time with no specific ter

mination date?

Business

1 answer:

Alexxandr [17] · Answer 1 · 2022-04-04T18:36:13+03:00

Answer:

estate from period to period

Explanation:

There are various types of estates based on various facts.

Estate from period to period is the estate in which the agreement do not contain the termination date. It is an agreement enforceable, through all the period of life, up till any of the party intentionally provides for a notice to other party to terminate the agreement.

Generally in this estate the landlord receives his rent on the estate for each interval, the interval can be monthly, bi-monthly, quarterly, 6 monthly, yearly or in any period as suitable to both the parties as defined in agreement.