Periodic Lease

Published 31 August 2022Updated 24th February 2023

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What is a Periodic Lease?

A periodic lease or a periodic tenancy is a tenancy agreement that continues on a monthly, weekly, quarterly or yearly basis. A periodic lease has no end date unless the tenant or the landlord issues a termination notice with the end date. 

A periodic lease is also called a rolling contract as it rolls over to the next period without any changes in the original contractual terms.

FAQs about Periodic Lease

How do you enter into a periodic lease agreement?
How does a periodic lease work?
How much notice is given on a periodic lease?

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Disclaimer: The views, information, or opinions expressed in this blog post are for general information purposes only and should not be relied upon. We have not taken into account specific situations, facts or circumstances, and no part of this blog post constitutes personal financial, legal, or tax advice to you. You should seek tax advice from your accountant, specific to your situation.

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