Holdover 2025

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The document is a legal complaint filed by __________ Hospital against Dr. __________ for failing to vacate leased premises after the lease term ended. The hospital seeks judgment for double rent due to the tenant's refusal to leave, or alternatively, for unjust enrichment and actual damages caused by the tenant's continued possession of the property.

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What is the meaning of holdover from?

: to retain in a condition or position from an earlier period. 2. : to prolong the engagement of.

What happens in a holdover case?

A holdover is an eviction proceeding a landlord brings in Housing Court for a reason other than nonpayment of rent. You may start a holdover case if: You are a landlord trying to evict a tenant, licensee, or squatter. A tenant is someone with whom you signed a lease agreement or from whom you have collected rent.

What does it mean when a tenant is in holdover?

Holdover tenant refers to a renter staying in the property after their lease terminates without signing a new lease. In this situation, the landlord may take steps to remove the tenant from the property or bind the tenant to a new lease.

What is another word for holdover?

holdover (noun as in remnant) Strong matches. relic remainder surplus.

How long can you be a holdover tenant?

A holdover tenant is one who continues to stay on the premises once the lease has legally ended. Generally, theyre allowed to stay on the premises indefinitely under a variation of a month-to-month lease.

What is the legal definition of a holdover?

A holdover tenant is 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, and state laws and court rulings determine the length of the holdover tenants new rental term.

What is a holdover in legal terms?

Key Takeaways A holdover tenant is a tenant who continues to pay rent, even after the lease has expired. The landlord must also agree, or else eviction proceedings may occur. Holdover tenancy exists in a gray area between a full rental contract and trespassing.

What does holdover mean in business?

In most cases today, the period of time in which checks are held as holdovers typically does not exceed one business day. A holdover may also refer to a tenant who remains in a property after the expiration of the lease and is subject to eviction.

Holdover 2025

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