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Definition of «tenancy»

The term tenancy refers to the condition or state of being a tenant, which is someone who rents property from another person. In other words, it describes the relationship between a landlord and their tenant, where the tenant pays rent for the use of the landlord's property. Tenancy can also refer to the rights and responsibilities associated with this type of arrangement, such as the length of time the property may be rented or the terms of payment.

Usage examples

  1. The landlord required a security deposit from the tenants before the start of the tenancy.
  2. The written agreement clearly outlined the rights and responsibilities of both parties involved in the tenancy.
  3. The tenant had the right to occupy the property for the duration of the tenancy as stated in the lease agreement.
  4. The landlord provided a notice to the tenant to inform them of an upcoming inspection during the tenancy.
  5. The tenancy ended when the tenant decided not to renew the lease agreement.
  6. The tenant faced eviction due to violating the terms of the tenancy agreement.
  7. The landlord conducted regular maintenance and repairs during the tenancy to ensure the property was in good condition.
  8. The tenant was required to give proper notice to the landlord if they wanted to terminate the tenancy early.
  9. The tenancy included provisions for rent increases, which were subject to legal limitations and notice periods.
  10. The duration of the tenancy was specified as one year, with the possibility of renewal upon mutual agreement.

Phrases with «tenancy»

Sentences with «tenancy»

  • It is section 1 (1)(m)'s definition of residential tenancy agreement to include oral and implied agreements to rent, as well as the written leases that landlords and tenants often incorrectly assume to be decisive, that creates much of the uncertainty about who is a tenant. (ablawg.ca)
  • Of course, some of the other tenants might enter into a new residential tenancy agreement with the landlord for the same residential premises, but the landlord does not have to agree, or keep the rent the same, etc.: section 47.3 (5). (ablawg.ca)
  • That's a problem your clients can say good - bye to if they're part of the growing number of property owners who are tapping an emerging transaction structure that brings together the tax benefits of the 1031 exchange with the ownership advantages of tenancy in common. (realtormag.realtor.org)
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See also

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