Examlex
What is the difference between perceptual and conceptual categorization?
Tenancy at Will
A rental agreement allowing the tenant to occupy the property without a fixed term, terminable by either party at any time.
Estate at Sufferance
A situation where a tenant continues to occupy property after the lease term has ended, without the landlord's permission.
Leases Property
A contractual arrangement where a lessor (owner) grants a lessee (tenant) the right to use property for a specified period in exchange for rent or other considerations.
Tenancy in Common
Tenancy in Common is a form of co-ownership where each tenant owns a separate and undivided interest in the property, which does not automatically pass to the other tenants upon death.
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