lolololo Leasehold Estate A type of tenancy under which one who, after rightfully being in possession of leased premises, continues (wrongfully) to occupy the property after the lease has been terminated. The tenant has no rights to possess the property and occuples it only because the person entitled to evict the tenant has not yet done so. Fixed-Term Tenancy A lease interest in land for an indefinite period involving payment of rent at fixed intervals, such as week-to- week, month-to-month, or year-to-year. Tenancy at Will An estate in realty held by a tenant under a lease. In every leasehold estate, the tenant has a qualified right to possess and/or use the land. Tenancy at Sufferance A type of tenancy under which property is leased for a specified period of time, such as a month, a year, or a period of years; also called a tenancy for years. Tenancy at Will An estate in realty held by a tenant under a lease. In every leasehold estate, the tenant has a qualified right to possess and/or use the land. Tenancy at Sufferance A type of tenancy under which property is leased for a specified period of time, such as a month, a year, or a period of years; also called a tenancy for years. Periodic Tenancy A type of tenancy under which either party can terminate the tenancy without notice; usually arises when a tenant who has been under a tenancy for years retains possession, with the landlord's consent, after the tenancy for years has terminated