What type of tenancy is characterized by a starting and ending date, typically established through a written lease agreement?

The type of tenancy characterized by a specific starting and ending date, typically established through a written lease agreement, is known as a tenancy with a specific term. This arrangement provides clarity for both the landlord and the tenant, as it outlines the duration of the lease, the obligations of both parties during that time, and the conditions under which the tenancy can be renewed or terminated.

In a tenancy with a specific term, the lease agreement specifies the duration, which can range from months to years, and both parties must adhere to the terms set forth in the lease. This contrasts with other types of tenancy, such as tenancy at will, which does not have a defined expiration date and can be terminated at any time by either party, and tenancy at sufferance, where a tenant remains in the property without consent after their lease has ended. Sole ownership relates to property ownership rather than tenancy arrangements.

Understanding the distinctions between these types of tenancies is crucial in real estate, as it affects the legal rights and responsibilities of landlords and tenants.