tenancy


Also found in: Dictionary, Thesaurus, Financial, Encyclopedia, Wikipedia.

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

see TENANT.
References in periodicals archive ?
Under the Act, a landlord also has three months from the date of death of the tenant to serve notice to bring the tenancy to an end.
"We aim to have new tenancy agreement in place by April 2020."
Information on insulation requirements for rental homes is available on the Tenancy Services website.
There are also concerns that specific tenancy agreements may prevent participation in public goods delivery as specified in the consultation, as some aspects may not be deemed agricultural activity.
The law is strict in that no rent case may be entertained with a tenancy contract that has not been attested or registered with the Municipality.
The Supreme Court did not agree with the tenant's position that the tenancy hadn't become statutory, since the tenancy agreement was void, the initial tenancy had expired and the provision for its renewal was not applicable.
You can't be turfed out for any old reason There are a few situations when a landlord can legally evict a tenant - if you've missed two months rent, for example, or your payments are always late, if you're involved in something illegal or if you breach your tenancy agreement.
While the outcome of the consultation is yet to be published, these new findings show tenants may prefer flexibility and freedom when it comes to tenancies, with 31% saying flexibility was the most important factor when looking at the length of their tenancy.
| Get everything in writing Get a written tenancy agreement signed by the landlord and all tenants, and read it carefully.
Implied terms of a tenancy agreement include any statutory rights; any rights based on common law; any arrangements which have been established by custom and practice.
"If you are unsure whether your landlord is responsible, check your tenancy agreement, as it could state that your landlord is responsible for repairs over and above the legal minimum."