Tenancy At Will Legal Meaning and Definition

Here is a simplified definition of the legal term Tenancy At Will.

Tenancy At Will (noun): An agreement in real estate where a tenant occupies a property with the consent of the owner (landlord), but without a specific timeframe or formal lease. This arrangement continues until either the tenant or the landlord decides to end it, usually with a notice period, often 30 days. It can end for several reasons, such as the landlord selling the property, the tenant not using the property, or the death of either party. This type of tenancy is common when a family member is living in the property or there's no lease agreement in place.