Business / Real Estate / Month-To-Month Tenancy: A periodic tenancy under which the tenant rents for one month at a time. In the absence of a rental agreement (oral or written) a tenancy is generally considered to be month to month.
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Tenancy Adjective Synonyms: occupancy, occupation, possession, tenure
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Business / Real Estate / Tenancy At Will: A tenancy (or estate) in which a person holds or occupies real estate with the permission of the owner, for a term of unspecified or uncertain duration: i.e., there is no fixed term to the tenancy. MORE
Business / Real Estate / Tenancy At Sufferance: A tenancy (or estate) in which a person wrongfully holds or occupies a property after the expiration of a lease without the consent of the landlord. No notice of termination is required for the landlo MORE
Business / Real Estate / Tenancy By The Entirety: Some states allow husbands and wives to use a special form of co-ownership called tenancy by the entirety. In this form of ownership, each spouse has an equal, undivided interest in the property. (The MORE
Business / Real Estate / Tenancy For Years: A tenancy for a definite period of time. The tenant must vacate the property at the end of the lease unless an extension or new lease has been agreed upon. MORE
Business / Taxes / Tenancy-In-Common: When two or more people own property as tenants-in-common (TIC), they share in the property?€™s tax benefits, any income it generates, and its growth in value, as well as expenses of ownership. If MORE
Business / Real Estate / Tenancy In Severalty: Ownership of a property by one person, rather than held jointly with others. Also called sole tenancy. MORE