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The term tenancy for years refers to a fixed-term tenancy. Specifically, this type of tenancy comes with a definitive beginning and end date, which must be spelled out in a written lease agreement.
Rental agreements, for example, are usually based on monthly rates. What the end user may not know, however, is that a rental company’s idea of “monthly” isn’t necessarily 30 days. Many times, ...
A tenancy agreement is a contract, in many respects no different than any other legally binding agreement. The devil, landlords and tenants agree, is in the detail.