holdover tenant

holdover tenant
A tenant who continues to occupy a residence after the term of the lease or rental agreement has expired, and without the consent of the landlord. To get rid of a holdover tenant, the landlord must give the tenant a notice to quit (get out). If the tenant does not leave, the landlord must go to court and file an unlawful detainer (eviction) lawsuit.
Category: Real Estate & Rental Property → Renters' & Tenants' Rights

Nolo’s Plain-English Law Dictionary. . 2009.

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  • Holdover Tenant — A renter who remains in a property after the expiration of the lease. If the landlord continues to accept rent payments, the holdover tenant can continue to legally occupy the property. State laws and court rulings determine how long the holdover …   Investment dictionary

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