what does tenants mean
96836a0b86534534df53dc2ae3655a93
TENANT • TENANT (noun) The noun TENANT has 3 senses: 1. someone who pays rent to use land or a building or a car that is owned by someone else. 2. a holder of buildings or lands by any kind of title (as ownership or lease) 3. any occupant who dwells in a place. Familiarity information: TENANT used as a noun is uncommon.
117aea5d428e710267f15ab022a79fb2
- lease. n. 1. A contract granting use or occupation of property during a specified period in exchange for a specified rent or other form of payment. 2. The term or duration of such a contract. tr.v. leased, leas·ing, leas·es. 1. To grant use or occupation of under the terms of a contract. 2. To get or hold by such a contract. a new lease on life. An opportunity to improve one's circumstances or outlook.
02a0e8c275e9b934784262c1cd2dff0a
- A legal document outlining the terms under which one party agrees to rent property from another party. A lease guarantees the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee for a specified number of months or years. lease is an agreement between two parties where the lessor owns property that it allows the lessee to use pursuant to terms of the agreement.
3611bab386c77033a7f3d6f92d21165c
rent Verb . rent (third-person singular simple present rents, present participle renting, simple past and past participle rented) To occupy premises in exchange for rent. To grant occupation in return for rent. To obtain or have temporary possession of an object (e.g. a movie) in exchange for money. (intransitive) To be leased or let for rent.
147e83a4b6b881f5d4ffcaf8ae9f1cef
- The lease is an agreement between you and your tenants therefore, it is important that both you (the owner or landlord) and all of the people that will be living in your property sign your lease. This should include everyone who will be living in the property, even if they are only temporary residents.
4d61ca2c03aa311703986606f4afcb01
tenant a person or group that rents and occupies land, a house, an office, or the like, from another for a period of time; lessee. 2. Law. a person who holds or possesses for a time lands, tenements, or personalty of another, usually for rent. 3. an occupant or inhabitant of any place. verb (used with object)
c647cdf2545c867b55380196aac28326
anchor tenant Definition. Usually the first, and the leading, tenant in a shopping center whose prestige and name recognition attracts other tenants and, it is hoped, shoppers. Anchor tenant generally pays rent rate lower than that paid by ancillary tenants.efinition. Usually the first, and the leading, tenant in a shopping center whose prestige and name recognition attracts other tenants and, it is hoped, shoppers. Anchor tenant generally pays rent rate lower than that paid by ancillary tenants.
b448bdcb0ceeeb52618335178debf314
Landlord and Tenant The term landlord refers to a person who owns property and allows another person to use it for a fee. The person using the property is called a tenant. The agreement between a landlord and a tenant is called a lease or rental agreement. The landlord and tenant relationship has its roots in Feudalism, a system of land use and ownership that flourished in Europe between the tenth and thirteenth centuries.
2f1e09ec87f02a7251b2d74d5f5fce78
- A landlord is the owner of a house, apartment, condominium, land or real estate which is rented or leased to an individual or business, who is called a tenant. When a juristic person is in this position, the term landlord is used. Other terms include lessor and owner. The term landlady may be used for women owners, and lessor applies to both genders.
2f5c7313b9c713a6c5ac3de9253a6b78
tenant 1. (Law) a person who holds, occupies, or possesses land or property by any kind of right or title, esp from a landlord under a lease. 2. a person who has the use of a house, flat, etc, subject to the payment of rent. 3. any holder or occupant.
8f97a0a62d790c2ea1896be7bf868cde
- Bengali actress Koel Mallick is the daughter of Bengali actor Ranjit Mallick. Her real name is Rukmini, but she prefers to use her nick-name in films too. She studied psychology in Gokhale College in Kolkata.
c339698bad7a50e4e447d775f1e1e558
lease 1 lease1. 1  a contract renting land, buildings, etc., to another; a contract or instrument conveying property to another for a specified period or for a period determinable at the will of either lessor or lessee in consideration of rent or other compensation. 2  the property leased. 3  the period of time for which a lease is made: a five-year lease.
d8bba85b4c74df431439b9cc9d7ca407
What Does Tenants in Common Mean in Real Estate? Tenants in common hold title on a property together. How you take title to a home is as significant as how you finance the property. Multiple people can take title as joint tenants, tenants in common or community property.here do not need to be equal percentages of ownership in a tenancy in common. One tenant might own 60 percent of the property and the other only 40 percent, reflecting the initial investments that each made.
273a8aebe98f0577e458b4d03314212c
Tenants with Leases A lease is a written agreement between a landlord and a tenant that sets the amount of rent and the length of time of your tenancy. For example, if you sign a one-year lease for an apartment with rent of $950 a month, you agree to pay the landlord $950 every month for one year.
a5992deb4c8144be67ac572c67a2f199
Commercial Real Estate Leasing Definitions We hope you find this glossary of terms helpful. Lease. An agreement whereby the owner of real property (i.e., landlord/lessor) gives the right of possession to another (i.e., tenant/lessee) for a specified period of time (i.e., term) and for a specified consideration (i.e., rent).n agreement whereby the owner of real property (i.e., landlord/lessor) gives the right of possession to another (i.e., tenant/lessee) for a specified period of time (i.e., term) and for a specified consideration (i.e., rent).
c5b16b1d00531b7eb77fe35db5786de5
tenant 1. a person or group that rents and occupies land, a house, an office, or the like, from another, usu. under the terms of a lease; lessee. 2. an occupant or inhabitant of any place. v.t. 3. to hold or occupy as a tenant; dwell in; inhabit.
7c85cf45337a74356ba7e80900d7bf1b
"What is the difference between the terms ""possession date"", ""rent commencement date"", and ""date of occupancy"" in a commercial lease?" Rent commencement date is the day you begin paying rent on the space. Date of occupancy is the day you move into the space. With a residential lease, this will typically all be the same date, but people typically move into a ready, “as is” house or apartment.
a7c56eb7b15d28423eecefa02621b2d5
- DEFINITION of 'Tenants In Common-TIC'. The co-owners of an undivided interest in real property. Tenants in common each own a separate and undivided interest in the same real property and each has an equal right to the possession and use of the property.
db2085f10ffd4a38100bb84b386c98ba
- rent (countable and uncountable, plural rents) A payment made by a tenant at intervals in order to occupy a property. 1918, W. B. Maxwell, chapter 17, in The Mirror and the Lamp:
5d0e487f5acb04e8ace302ec97e558b9
lease lease. n. 1. A contract granting use or occupation of property during a specified period in exchange for a specified rent or other form of payment. 2. The term or duration of such a contract. tr.v. leased, leas·ing, leas·es. 1. To grant use or occupation of under the terms of a contract. 2. To get or hold by such a contract.
a576f6afae8f7342e16d5732d6cb3482
What is the 'Federal Trade Commission - FTC' The Bureau of Economics provides research support to the other two departments of the FTC, including analysis of FTC actions' potential effects. Generally speaking, the FTC does not have the ability to directly enforce its rulings, but it can go to the courts to have them enforced.
10b4aa1db8cb349f2909d86a994c146f
When Is A Person A Tenant? 23 April, 2013. Situations arise where a landlord – tenant relationship is entered into when either one of the parties or both of the parties do not realize it. A transient tenancy as defined by Florida law in the Florida Statutes as an occupancy when “it is the intention of the parties that the occupancy will be temporary”. A Tenant is defined as “any person entitled to occupy a dwelling unit under a rental agreement.” Keep in mind that a rental agreement does not have to be in writing.
43e5ddd248c1a5be73f665ea58a80f7e
tenant lessee - a tenant who holds a lease. leaseholder. holder - a person who holds something; they held two hostages; he holds the trophy; she holds a United States passport.
c5694865b37a6905d43be5c660b86b82
Definition of 'rent' Rent definition: If you rent something, you regularly pay its owner a sum of money in order to be able to... | Meaning, pronunciation, translations and examples
8e9608638f3324f37780e34f3010ef21
- Who is a tenant? A tenant is an adult who has signed a lease or rental agreement (or has an oral rental agreement) with a landlord to rent property, such as an apartment, condo, or house. The tenant has a legal relationship with the landlord that creates various responsibilities for both parties.
6616b751af08c73a57ce3490a9697c61
Tenants in Common Deeds Tenants in common (TIC) is a type of joint ownership which allows two or more people to own real estate together. Laws in certain states declare that two unmarried individuals own property as tenants in common unless they have agreed to a different form of ownership in writing. Under TIC deeds, the tenants all equally retain the right to access and possess the property.