What characterizes a tenancy at sufferance?

Prepare for the Leasing Agent License Exam with flashcards and multiple choice questions. Each question includes hints and explanations to enhance your knowledge and confidence. Ace your exam with proper preparation!

A tenancy at sufferance is characterized by a situation where a tenant remains in possession of a property after the lease term has expired, without the landlord's permission to continue occupying the space. This often occurs when the original lease term comes to an end, yet the tenant does not vacate the premises. In this scenario, the tenant is essentially holding over without a valid lease agreement, which can create complications in landlord-tenant relations.

This type of tenancy highlights the legal principle that while the tenant is in a position of possession, they do so without the formal agreement that once governed their tenancy, and they lack the tenant's rights associated with a formal lease. It is important for landlords to understand this condition, as it may require them to take particular legal actions to evict the tenant and regain possession of their property.

In contrast, the other options describe different tenancy agreements or arrangements that do not align with the definition and legal implications of a tenancy at sufferance. Understanding the specifics of these distinctions is key for effective property management and leasing practices.

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