Real-Estate Tenant

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A Real-Estate Tenant is a legal party in a real-estate lease who holds the right to occupy or use the property under the terms of a lease agreement.

  • Context:
    • It can (typically) have the right to use the property exclusively for the duration of the lease term, subject to the lease conditions.
    • It can (often) be responsible for paying rent to the landlord or property owner.
    • It can (typically) be obligated to maintain the property's condition, excluding normal wear and tear.
    • It can (often) have the option to renew the lease, negotiate new terms, or vacate the property at the end of the lease term.
    • It can (typically) be subject to eviction for violating the terms of the lease.
    • It can (typically) include individuals, families, businesses, and other organizations as tenants.
    • It can (often) require a security deposit as a condition of the lease.
    • It can (often) negotiate terms such as the lease duration, rent amount, and usage restrictions with the landlord.
    • ...
  • Example(s):
    • An individual leasing an apartment for personal use.
    • a Commercial Real-Estate Tenant, such as:
      • A business leasing office space for its operations.
      • A retailer leasing a storefront in a shopping mall.
    • ...
  • Counter-Example(s):
  • See: Lease Agreement, Landlord, Property Owner, Eviction.


References

2024

  1. One who holds a lease (a tenancy).
    Template:Syn
    Template:Hypo
  2. Template:Lb One who has possession of any place.
    Template:Syn
  3. Template:Lb Any of a number of customers serviced through the same instance of an application.
    Template:Ux
  4. Template:Lb One who holds a feudal tenure in real property.
  5. Template:Lb One who owns real estate other than via allodial title.