What document establishes the terms of a periodic tenancy?

The document that establishes the terms of a periodic tenancy is a rental agreement. A rental agreement typically outlines the specifics of the tenancy arrangement, including duration, rental rates, and conditions under which the tenancy can be renewed or terminated.

In the context of periodic tenancies, which automatically renew for successive periods (such as month-to-month), the rental agreement is crucial as it provides clarity on how these periods function and what responsibilities and rights both the landlord and tenant have during each cycle. This document is often more flexible than a standard lease agreement, which may have a set term.

While a lease agreement can also establish the terms of a tenancy, it generally does so for a fixed term rather than on a periodic basis. A purchase agreement relates to the sale of property rather than rental arrangements, and a license agreement typically allows use of a property without granting any estate in the land, which is not applicable in the context of establishing a tenancy.