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Question of the day. Question number one: A month-to-month lease is considered an A estate of sufferance, B periodic tenancy, C life estate, D estate for years. The answer is B periodic tenancy. A periodic tenancy is a lease that continues from period to period until one of the parties gives notice of termination. A periodic tenancy has No definite termination date. Question number 2: When a counteroffer is made: The original offer becomes a unilateral offer. It is considered a partial acceptance of the original offer. The offeree becomes the offeror. The original offeror cannot amend his terms. The answer is C, the offeree becomes the offeror. In a counteroffer, the offeree becomes an offeror, making it a brand new offer. The original offer gets terminated and a new offer gets made.