Tenancy At Will
Definition of "Tenancy at will"
Tenancy that may be terminated by one party- the tenant or the landlord- at any time. The agreement may be in writing or oral. For example, Jack has an oral agreement to use Christine's property. Christine may ask Jack to vacate the premise at any time; Jack may also vacate at any time.
Popular Real Estate Terms
Building that is elaborately built with columns in a symmetrical way, generally with three floors and a gabled roof. ...
A lender can be a private individual, a private or public group, or an institution that loans funds to a person or business that the lendee would later repay with interest in most cases. In ...
A clause that may be inserted in a listing agreement stating no commission will be paid to the broker until the property title has actually been transferred. Normally, willing and able ...
A lease requiring tenants to pay all utilities, insurance, taxes, and maintenance costs. ...
A written document terminating the terms of a lien through payment of all financial obligations. A lien release is given by the lienor, the one holding the lien, to the lienee, individual ...
Individual or business transferring a right or benefit to another person or business. ...
Position taken by a real estate consultant representing the best interests of the client. ...
Restitution or compensation for harm or wrong done. ...
Falsify financial records and statements to misrepresent the financial position and operating results of the business. ...
Have a question or comment?
We're here to help.