Co-Tenants

Business, Legal & Accounting Glossary

Definition: Co-Tenants



What is the dictionary definition of Co-Tenants?

Dictionary Definition


Two or more tenants who rent the same property under the same lease or rental agreement. Each co-tenant is 100% responsible for carrying out the rental agreement, which includes paying the entire rent if the other tenant skips town and paying for damage caused by the other tenant.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/co-tenants/
Modern Language Association (MLA):
Co-Tenants. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 30, 2020 https://payrollheaven.com/define/co-tenants/.
Chicago Manual of Style (CMS):
Co-Tenants. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/co-tenants/ (accessed: November 30, 2020).
American Psychological Association (APA):
Co-Tenants. PayrollHeaven.com. Retrieved November 30, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/co-tenants/

Definition Sources


Definitions for Co-Tenants are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 10 Views.