Tenancy


Definition of "Tenancy"

Billie Kay Caldwell
  Sam Hatfield Realty, Inc.


  1. The period for which a tenant has the right of possession; It may be for a fixed period of several years, or a period tenancy, such as month to month.
  2. The right or interest to have real estate, whether by title or by rental.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Preventive Maintenance

maintenance procedures conducted to prevent later repairs and furthering a longer useful life. For e ...

Loan 'Flipping'

The process of raising cash periodically through successive cash-out refinancings. This is a scam ...

Zero Coupon Bonds

Bonds that are sold at discount from their maturity value with the interest compounding and paid at ...

Accumulation Period

Time frame during which an annuitant makes premium payments to an insurance company. The obligations ...

Dividend Addition

Option in a participating policy under which dividends are used to purchase fully paid-up units of w ...

Short Rate, Short Term Insurance

Coverage for less than one year. Insurers generally charge higher rates for short-term policies than ...

Related Real Estate FAQ

What Is A Seller Takeback?

A seller takeback is a type of financing in which the seller arranges for the financing on a propert ...

What Is A Term?

A term is the length of a loan. ...

What Is A Conventional Mortgage?

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insur ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

What Is An Index?

An index is an economic indicator used to set the rate for adjustable-rate mortgages. ...

What Is A Proration?

A proration is the division of certain fees. If the sellers have paid the taxes six months in advanc ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Tax Breaks for the First Time Home Buyer What is the Best Time of Year to Buy a Home? How is Square Footage Determined? 5 signs of house foundation problems What do Real Estate Attorneys do?

FAQ

What does Travel Insurance Typically Cover? What are jumbo mortgages? What do I need to know about Whole Life Insurance? What is an easement? What is a broker?