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A lease includes a period of time over which it lasts. During that time, the landlord cannot freely end the tenancy (can't boot them out). They need a reason. With a month-to-month agreement (living there as long as they pay rent), the landlord has a freer hand in when to terminate the tenancy. They can give 30 days' notice, 60 or 90 (etc.) depending on local laws.

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Q: What benefit is it to land lord not to sign a lease with tenant but allow tenant to live there as long as they pay rent?
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How long does a tenant would own the land?

Tenants do not own land they just lease it from landlords. The length of the lease can be determined by the two parties.


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Ground leases offer many advantages to the landlord. A ground lease will usually involve construction or improvements that will be profitable to the landlord. Since the landlord maintains ownership of the land, the landlord can sell the land for a much higher value or pass on the appreciated value of the land to his heirs. There is also a positive advantage of ground lease for tenants. A ground lease allows the tenant ready use of the land avoiding blocking of huge money in a large land purchase. Leasing the land will facilitate the tenant to use funds for more productive expenses.


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