Define: Tenancy

Tenancy
Tenancy
Quick Summary of Tenancy

Tenancy refers to the legal relationship between a landlord, who owns or controls property, and a tenant, who rents or occupies the property for a specific period of time. The terms of the tenancy are typically outlined in a lease agreement or rental contract, which governs the rights and responsibilities of both parties. These may include provisions related to rent payments, duration of the tenancy, maintenance and repair obligations, and conditions for termination of the lease. Tenancy can take various forms, such as residential tenancy for housing, commercial tenancy for business premises, or agricultural tenancy for farming land. The rights and obligations of landlords and tenants are governed by landlord-tenant laws, which vary by jurisdiction and provide legal protections for both parties.

What is the dictionary definition of Tenancy?
Dictionary Definition of Tenancy

Possession of land or property as a tenant.

  1. The occupancy of property, etc., under a lease, or by paying rent.
  2. The period of occupancy by a tenant.
  3. The property occupied by a tenant.

Also:

  • Right or interest of a tenant who occupies or possesses land or property from another for an agreed period, usually in exchange for rent and under a lease agreement.
  • Period of such occupancy or possession.
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Disclaimer

This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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