What is a “fixed-term” tenancy?
This type of tenancy is very common. A written lease usually creates this type of tenancy. However, the lease does not have to be in writing if the tenancy is for a period of less than a year. In this type of tenancy, the tenant has exclusive use and possession of the dwelling for a specified term. At the end of the term, the tenancy will automatically terminate. The duration of the tenancy must be stated to create a fixed-term tenancy.
