Under what condition can a tenancy be terminated during the initial term by the owner?

The correct choice indicates that a tenancy cannot be terminated during the initial term by the owner without a valid reason, or "good cause." This aligns with the fundamental principles of tenant rights and lease agreements, which are designed to protect tenants from arbitrary eviction. "Good cause" typically refers to specific reasons outlined in the lease, such as non-payment of rent, violation of lease terms, or criminal activity.

By requiring good cause for termination, the regulations aim to provide stability and security for tenants during the initial lease period, fostering a fair relationship between landlords and tenants. It ensures that tenants have recourse and protections against being removed from their homes without sufficient justification.

In this context, options that suggest termination without notification or at the owner's discretionary whim without any accountability do not adhere to professional and legal standards in property management. Such practices would undermine tenant protections and disrupt housing stability.