Tag: tenant

The implied warranty of habitability is a legal doctrine that requires landlords to ensure that their rental properties are fit for human habitation. If...

What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...

What is 'Sandwich Lease' A lease in which a party rents property from the property owner and then subsequently leases it out...

What is 'Cancellation Provision Clause' It is a provision in an insurance policy that permits an insurer or an insurance company to...

What is 'Water Damage Clause' A clause in a property-casualty insurance contract. A water damage clause states that the insured is covered...

What is 'Walk-Away Lease' A common type of car lease in which the lessee returns the car at the end of the...

DefinitionIn economics, an absentee landlord is a person who owns and rents out a profit-earning property, but does not live within the property's local...

DefinitionA concurrent estate or co-tenancy is a concept in property law which describes the various ways in which property is owned by more than...

What is joint ownership of property Joint owned property refers to a situation in which two or more individuals own an asset together. There are...

When it comes to buying a home, there are many different options available to you. One of those options is the land lease option....