What is a periodic tenancy

Question

For the Midterm paper you need to engage in independent research using your text, the LexisNexis library, and internet resources to answer the following:

1. What is the difference between real property and tangible personal property?
2. Differentiate between an ownership and a possessory interest in real estate.
3. Describe and give examples of the following:

   • tenancy for a term of years

   • fixed term lease

4. What are the Major Features of a Fixed Term Tenancy/Tenancy for Years?
5. What Happens When the Fixed Term Tenancy/Tenancy for Years Expires?
6. What is a periodic tenancy?
7. What is a tenancy at will?
8. Compare and contrast joint tenancy and tenancy in common.