Holdover Tenancy

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Definition: Holdover Tenancy

Holdover Tenancy
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What is the dictionary definition of Holdover Tenancy?

Dictionary Definition

n. the situation when a tenant of real estate continues to occupy the premises without the owner’s agreement after the original lease or rental agreement between the owner (landlord) and the tenant has expired. The tenant is responsible for payment of the monthly rental at the existing rate and terms, which the landlord may accept without admitting the legality of the occupancy. A holdover tenant is subject to a notice to quit (get out) and, if he/she does not leave, to a lawsuit for unlawful detainer.

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https://payrollheaven.com/define/holdover-tenancy/
Modern Language Association (MLA):
Holdover Tenancy. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 22, 2024 https://payrollheaven.com/define/holdover-tenancy/.
Chicago Manual of Style (CMS):
Holdover Tenancy. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/holdover-tenancy/ (accessed: May 22, 2024).
American Psychological Association (APA):
Holdover Tenancy. PayrollHeaven.com. Retrieved May 22, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/holdover-tenancy/

Definition Sources

Definitions for Holdover Tenancy 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: 28th April, 2020 | 0 Views.