tenancy

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Tenancy

A situation that arises when one individual conveys real property to another individual by way of a lease. The relation of an individual to the land he or she holds that designates the extent of that person's estate in real property.

A tenancy is the occupancy or possession of land or premises by lease. The occupant, known as the tenant, must acquire control and possession of the property for the duration of the lawful occupancy. A tenancy can be created by any words that indicate the owner's intent to convey a property interest on another individual.

Cross-references

Landlord and Tenant.

tenancy

n. the right to occupy real property permanently, for a time which may terminate upon a certain event, for a specific term, for a series of periods until cancelled (such as month-to-month), or at will (which may be terminated at any time). Some tenancy is for occupancy only as in a landlord-tenant situation, or a tenancy may also be based on ownership of title to the property. (See: title, tenancy by the entirety, tenancy in common, joint tenancy, tenancy at sufferance, tenancy at will, tenant)

tenancy

noun holding, holding by title, leasing, occupancy, occupation, ownership, possession, proprietorship, renting, residency, temporary possession, tenure
Associated concepts: joint tenancy, month to month tennncy, tenancy at sufferance, tenancy at will, tenancy by the entirety, tenancy for years, tenancy in common
See also: duration, enjoyment, habitation, inhabitation, ownership, possession, seisin, term, time, use

tenancy

see TENANT.
References in periodicals archive ?
The Residential Tenancies Act SA 2004 ("the Act") is a comprehensive statute outlining the rights as between landlords and tenants.
As with much of property law, English common law on tenancies by the entirety became the basis for American common and statutory law relating to marital property.
However, private landlords can still choose to offer ``old'' assured and short assured tenancies.
Without tenancies by the entireties, bankrupt debtors would look to the homestead exemption to protect real estate.
Under New York law, in tenancies by the entirety, the donee spouse's joint interest in the property that cannot be unilaterally severed is created on the date the tenancy is created.
During the trial, potentially troublesome tenants were offered six month tenancies, on the basis that disruptive behaviour or non-payment of rent during that period would see the tenancy not renewed and the tenant required to vacate.
Just so we're all on the same page, today we're talking about periodic tenancies, which are the kinds of tenancies that continue on indefinitely until either the landlord or the tenant give notice to end.
LANDLORD Assist, the nationwide tenant reference and eviction firm, is concerned calls for longer tenancies in the private rented sector could be harmful to the housing market and lead to a rise in rent arrears.
Most tenancies are assured short hold agreements, which are for a fixed term period.
This increase in the length of tenancies will inevitably lead to greater wear and tear in rented accommodation and fewer opportunities for downtime between tenancies for landlords to make improvements.
When the Farm Business Tenancy Agreement (FBT) was first introduced in 1995 to counteract the problem of landowners being reluctant to rent out land because of the perceived difficulties of dislodging a tenant, tenancies tended to be for short periods.