Periodic tenancies

Published by a ½Û×ÓÊÓÆµ Property Disputes expert
Practice notes

Periodic tenancies

Published by a ½Û×ÓÊÓÆµ Property Disputes expert

Practice notes
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This Practice Note sets out the nature of a periodic tenancy and the procedure and notice periods for terminating such a tenancy. It also covers the impact of the Landlord and Tenant Act 1954 and the distinction between a periodic tenancy and a tenancy at will.

What is a periodic tenancy?

A periodic tenancy is a continuing tenancy that runs until terminated by notice to quit. It can be created either by express agreement or by implication. The period of the tenancy will usually be the period by reference to which rent is reserved, rather than when it is payable.

For example, if the parties agree (or agreed under a previous fixed term lease) an annual rent of £30,000 payable monthly, a yearly periodic tenancy will likely arise, rather than a monthly tenancy. If the parties agree a quarterly or monthly rent, a quarterly or monthly tenancy will arise respectively.

A periodic tenancy may be determined by a notice to quit given by either party, which must expire at the end of a relevant period. See: Terminating a periodic

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United Kingdom
Key definition:
Term definition
What does Term mean?

The period of time from when a loan is borrowed to its final stated repayment date

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