Is a One-Year Lease Agreement Right for Landlords?

Many landlords believe that when they sign a 1-year lease they are guaranteed that the tenant will remain in the property and they will pay throughout the term.

A month-to-month rental agreement lasts for one month at a time, automatically renewing itself unless you or your landlord give the appropriate notice to terminate the tenancy.

A term lease gives the tenant more protection than the landlord because the landlord cannot issue any notices to end tenancy until the end of the tenancy. The term that protects tenants is called "Security of tenure".

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