Question

Iago has a tenancy for years apartment rental agreement with Ranch Apartments. When the agreement ends in March, Iago asserts a right to renew, while Ranch states that the rental agreement ended without notice. Which party is correct?

Group of answer choices

Iago, since there is an implied renewal right.

Ranch, since no statute requires a party to give notice when ending a lease.

Iago, since the tenancy for years must at least continue until the end of the calendar year.

Ranch, since the tenancy for years automatically terminates on the expiration of the stated term.

Answer 1

Ranch, since the tenancy for years automatically terminates on the expiration of the stated term. Whereas the remaining ones are incorrect and not appropriate in this context.