What type of tenancy automatically renews indefinitely?

A periodic tenancy is characterized by a lease agreement that automatically renews at the end of each term. This type of tenancy typically runs on a defined schedule, such as weekly, monthly, or yearly, and continues until either the landlord or tenant gives proper notice to terminate it. Because of this automatic renewal feature, periodic tenancies provide stability for both parties as they do not require renegotiation or new agreements at the end of each term.

In contrast, an estate at will is a tenancy that can be terminated at any time by either party with proper notice. Joint tenancy and severalty refer to forms of ownership rather than types of tenancy. Joint tenancy involves multiple owners holding title to property collectively with rights of survivorship, while severalty refers to property owned by a single individual. These concepts do not involve the automatic renewal characteristic that defines a periodic tenancy.