BUS 23 Chapter 2: Note
21 Nov 2020
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Less than freehold estates (ownership - personal property) leases and rental agreements. Estate at will estate/tenancy at period sufferance: estate for years (fixed term tenancy, lease for fixed period of time, no notice to terminate is needed. Whether lease is for 2 months-7 years -> "estate for years", personal property, chattel real: estate from period-to-period (periodic tenancy) Estate from period to period - renewal agreement to rent prop for period of time: notice to terminate needed, 30 days, estate at will, can be terminated by either party (lessor/lessee) at any time but. Ca law needs 30 day notice (no true "estate at will" in ca) Estate at will can be terminated by lessor/lessee: estate at sufferance/tenancy at sufferance. Estate at sufferance - person renting prop remains after expiration of term w/o landlord consent. Tenancy at sufferance - tenant remains in prop after expiration of lease w/o owner consent.
