A leasehold estate that has a specific beginning and ending date and does not require notice to terminate is called?

A leasehold estate that has a specific beginning and ending date, and does not require notice to terminate, is referred to as a term tenancy. This type of tenancy is characterized by a fixed lease term, such as one year or several months, during which the tenant has the right to occupy the property. Since the lease specifies both the start and end dates, it automatically terminates at the conclusion of the term without the need for any notice from either party.

In contrast, periodic tenancies, such as month-to-month tenancies, operate on a recurring period basis and typically require notice to terminate. Similarly, a tenancy at sufferance begins when a tenant remains in possession of a property after their lease has expired, which may also necessitate eviction actions. Thus, it is the defined duration and lack of requirement for notice that distinctly classifies a leasehold estate as a term tenancy.