Listen to a Business English Dialogue About Tenancy at will
Penelope: Hey Keith, have you ever come across the term “tenancy at will” in real estate?
Keith: Hi Penelope, yes, it refers to a rental agreement where the tenant occupies the property with the landlord’s consent but without a fixed duration or specific lease terms.
Penelope: Oh, I get it. So, it’s like a flexible arrangement where either party can terminate the agreement with short notice?
Keith: Exactly, Penelope. It provides flexibility for both the landlord and tenant, but it’s important to have clear communication and understanding of the terms to avoid misunderstandings.
