[ noun ] an act of being a tenant or occupant <noun.act>
Tenancy \Ten"an*cy\, n.; pl. {Tenacies}. [Cf. OF. tenace, LL. tenentia. See {Tenant}.] (Law) (a) A holding, or a mode of holding, an estate; tenure; the temporary possession of what belongs to another. (b) (O. Eng. Law) A house for habitation, or place to live in, held of another. --Blount. Blackstone. Wharton.
In 1988, the scheme was opened to investment in 'assured tenancy' rental accommodation, to help the private rental sector.
I intend to lextend the tenancy on an indefinite monthly basis.
This is now the most common form of tenancy arrangement.
Even then, the tenant cannot be turned out of the property without notice. In reality, however, the tenancy is weighted strongly in favour of the landlord.
The failure to put in any tax incentives for let land, either through further inheritance tax relief or removing other tax burdens, means the new farm tenancy legislation will be very ineffective.
The rent was to be around Pounds 1,300 a month, and the tenant had to agree to spend at least Pounds 15,000 on the house in the first six months of tenancy, to include refurbishing the kitchen.
With a new attitude about tenancy and a cynicism about the future, young farmers are shying away from owning land.
The judges said the Panama-based company, SBC, that subleased St. John's Hospice to the settlers could keep up to 20 guards and maintenance employees there until the tenancy dispute was settled by a lower court.
If you are employing a solicitor in the negotiations for the surrender of your tenancy, then he is best placed to advise you on the tax aspects. No legal responsibility can be accepted by the Financial Times for the answers given in these columns.
First, the landlord cannot (save for exceptional circumstances) end the tenancy for at least six months.
The couple also owned a pub in St Albans which they sold last year, transferring their attentions to the tenancy of The Old Reindeer, Banbury. 'That pub was closed since August,' says Hazel.
It calls for policies that 'promote profits, jobs, conservation and recreation'. The general thrust of the manifesto calls for greater flexibility, particularly in the areas of planning, taxation and farm tenancy legislation.
In addition, property held in joint tenancy with right of survivorship automatically passes to the surviving joint tenant outside the probate process.
At Saturday's rally, he called for an end to the land tenancy system that allows farmers to require the entire families of black laborers to work.
The closeness of the franchising relationship distinguishes it from other forms of cooperation such as licensing arrangements, distributorships, agencies and tenancy agreements. Franchising has enjoyed a mixed reputation over the past decade.
However, local authorities would single out people who were in emergency need of housing and place them in temporary accommodation. But these people would have to compete with everyone else on the waiting list before receiving a secured tenancy.