What is the difference between tenancy at will and tenancy for a fixed period?

Answer 1

A tenancy for a fixed period means that the lease has been executed between the landlord and tenant, and the lease will expire after the term ends. If there is no lease, or the lease has expired and the tenant is still allowed to pay rent and remain on the property, then this becomes a tenancy at will. This means that the terms of the original lease is no longer effective or binding, and that the tenancy is now subject to landlord and tenant laws which govern tenancy. A tenancy at will may terminate at any time as long as proper notice is given according to the laws. For example, a month-to-month tenancy may end after 30 days of notice is given to either side, and such 30 days notice must be given before the next rent is due. A week to week tenancy may terminate after one week of notice: one week before the next rent is due. This is also true with regard to rent increases. Furthermore, landlord and tenancy laws regulate other aspects of tenancy, including obligations of the landlord and the tenant. For example, a landlord may not enter a tenant property without proper notice; and the tenant has five days to pay his rent before it becomes past-due.