Month-to Month Tenancy
Definition of "Month-to month tenancy"
A tenancy in which no written lease is involved, rent being paid monthly. It can be renewed for each succeeding month or terminated at the option of either party with sufficient notice.
Popular Real Estate Terms
See common law. ...
Listing of all of the plats of subdivided plots in a jurisdiction showing the location, boundaries, and plat owners. A plat book normally shows other improvements including roads, blocks, ...
An insurance contract or home warranty, usually for one year, covering electrical, plumbing, heating, etc. ...
Arbitrary value assigned to real property without any scientific or technical reason. It is a personal decision based on a hunch. ...
The definition of reversion in real estate is the return of property or assets to their original owner after a prespecified event or occurrence. This real estate term is used primarily in ...
Environmental element that remains unchanged and strongly influences real estate valuations despite the cost of improvements. ...
Amount of tax to be paid based on taxable income. The tax rate usually changes as the unit of the tax base changes. Individual: Tax rate depends on whether the tax return is for a ...
Land development planning model theorizing that an urban area grows in rings expanding out from the central business district. The second ring is a shifting area having manufacturing and ...
Same as term deed of trust: A document that conveys title to a neutral third party (trustee) during the period in which the mortgage loan is outstanding as collateral for a debt. ...
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