This preview shows page 1. Sign up to view the full content.
Unformatted text preview: divided as follows:
• leases for a term of years;
• leases from year to year; and
• leases for lesser periods. Leases for a term of years
A tenancy for a term of years is created where an agreement provides for a term of more than one year.
Fixed-term leases of Torrens Title land for periods longer than three years must be registered to be valid. Leases from year to year
These are tenancies that last for a year and, if not terminated at the end of the first year, will continue for
at least another year, and so on from year to year until terminated. A year-to-year tenancy is terminated
when either party gives notice. Periodic tenancies
These may be from quarter to quarter, month to month or week to week. The rent is normally payable
for each period and notice of termination required is for the full period. For example, in the case of a
monthly tenancy, a month’s notice is required. Tenancies at will
A tenancy at will exists whenever a tenant, with the consent of the owner, occupies land as a tenant on
the terms that either may terminate the tenancy at any time. A tenant still in possession at the end of their
lease cannot be termed a trespasser, as they occupy the land with...
View Full Document
This document was uploaded on 04/23/2012.
- Three '12