Tenancy for years
Term · Law · MLC-T-LAW-004870
A leasehold estate for a fixed, definite period of time, which can be for any duration, even less than a year. This type of tenancy automatically terminates at the end of the specified term without the need for notice from either the landlord or the tenant. The duration is established at the inception of the lease agreement.
| Identifier | MLC-T-LAW-004870 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004870",
"term": "Tenancy for years",
"field": "Law",
"definition": "A leasehold estate for a fixed, definite period of time, which can be for any duration, even less than a year. This type of tenancy automatically terminates at the end of the specified term without the need for notice from either the landlord or the tenant. The duration is established at the inception of the lease agreement.",
"url": "https://mlchart.com/terminology/law/tenancy-for-years/"
}
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