To terminate a periodic tenancy, what is required from the tenant or landlord?

Study for the ASU REA380 Real Estate Fundamentals Exam. Use flashcards, multiple choice questions, and get hints and explanations for each question. Prepare thoroughly for your exam!

To terminate a periodic tenancy, notice is indeed required from either the tenant or the landlord. This is an essential aspect of rental agreements that helps ensure both parties are aware of the status of the tenancy and allows for a respectful transition. In most jurisdictions, the amount of notice required typically correlates with the frequency of the rental payments; for example, if rent is paid monthly, a month’s notice is generally needed. This structure provides a clear framework for planning and avoids situations where one party may be taken by surprise regarding the end of the tenancy. Understanding this requirement is vital as it reinforces the legal obligations involved in rental agreements, ensuring fair treatment and communication between landlords and tenants.

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