What is a leasehold estate that automatically renews until canceled called?

A leasehold estate that automatically renews until canceled is called a periodic estate. This type of lease is characterized by its continuation from one period to the next, such as month-to-month or year-to-year, depending on the terms agreed upon by the landlord and tenant. The crucial aspect is that the lease does not have a set end date, instead it automatically renews at the end of each period unless either party provides proper notice to terminate.

This automatic renewal provides flexibility for tenants who may not want a long-term commitment, as the lease will continue to roll over until a decision is made to end it. It contrasts with estates that have a fixed duration or those that stem from different legal concepts, such as an estate for years which has a definitive start and end date, and an estate at will which is more informal with no specific time frame for termination. Tenancy at sufferance occurs when a tenant remains in possession of a property after the lease has expired, but it does not include automatic renewals, making it different from the periodic estate.