what is a tenancy at will 
a tenancy at will is a property tenure that can be terminated at any time by either the tenant or the owner landlord it exists without a contract or lease and it usually doesn t specify the duration of a tenant s rental or the exchange of payment the agreement is governed by state law and the terms can vary by state although federal law comes into play in cases of discrimination estate at will is another name for a tenancy at will the estate at will or tenancy at will agreement is generally beneficial to both tenants and owners who may wish to have the flexibility to change rental situations easily and without breaking a contract 