What feature defines a lease from period to period?

Study for the South Carolina Property Management License Exam. Access flashcards and multiple-choice questions with comprehensive hints and explanations. Prepare effectively for your certification!

A lease from period to period, also known as a periodic tenancy, is characterized by the automatic renewal of the lease term unless one party provides notice to terminate. This means that if neither the landlord nor the tenant takes action to end the tenancy, the lease continues to roll over into the next period (weekly, monthly, etc.). This feature provides stability and flexibility for both parties, as the lease will extend without the need for a new agreement.

While it is true that some leases may require notice for termination, this refers more to the process of ending the lease rather than defining its nature. The definition of a periodic tenancy is primarily centered around its renewal aspects and the understanding that it is ongoing until canceled by notification. Thus, the defining characteristic is the automatic renewal process, which stands out in the context of how such leases function in property management.

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