tenancy at will

tenancy at will definition - business

tenancy at will

Tenancy that is subject to termination at any time by either the tenant or landlord. For example, a family continues to reside in a rented home after expiration of the lease while the owner attempts to sell the property.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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