1 The right to possess an estate, whether by lease or by title In general, tenancy refers to any right to hold property It also refers to holding in subordination to another's title, as in the landlord-tenant relationship
the occupation of lands, buildings, or other property by title, under a lease, or on payment of rent and can also refer to the duration of the occupation
Joint tenants have one and the same interest, accruing by one and the same conveyance, commencing at one and the same time, and held by one and the same undivided possession The grand incident of joint tenancy is survivorship, by which the entire tenancy on the decease of any joint tenant remains to the survivors, and at length to the last survivor
by the Entirety A form of ownership by husband and wife whereby each owns the entire property In event of the death of one, the survivor owns the property without probate
1 Strictly speaking, the interest of a person holding property by any right or title 2 More usually, an arrangement , whether by formal lease or informal agreement, whereby the owner (the landlord) allows another ( the tenant) to take exclusive possession of land in consideration for rent, with or without a premium, either: a for an agreed period or b on a periodic basis until formally terminated
- An interest in or ownership of property by any kind of legal right or title Not necessarily limited to the more restricted meaning of one (called a tenant) who has temporary use and possession of real property, e g , an apartment, owned by another (called the landlord)
1 Strictly speaking, the interest of a person holding property by any right or title 2 More usually, an arrangement, whether by formal lease or informal agreement, whereby the owner (the landlord) allows another (the tenant) to take exclusive pocession of land in consideration for rent, with or without a premium , either : a For an agreed period or b On a periodic basis until formally terminated
Tenancy is the use that you have of land or property belonging to someone else, for which you pay rent. His father took over the tenancy of the farm 40 years ago