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What is holdover in a contract?

A \u201choldover\u201d occurs when a tenant continues to occupy and use the premises after the term of the lease ends. If the landowner continues to accept rent payments, the holdover tenant can continue to legally occupy the premises.

What does it mean to hold something over someone?

1. phrasal verb. If you hold something over someone, you use it in order to threaten them or make them do what you want.

What is a holdover at work?

Tenants who stay past their lease end date can be evicted If a tenant remains in their unit past the end date on their lease without their landlord's consent, they become a holdover tenant (also known as a "tenant at sufferance").

How do you use holdover in a sentence?

hold over \u200bto not deal with something immediately; to leave something to be dealt with later synonym postpone. The matter was held over until the next meeting. Questions about grammar and vocabulary? ... \u200bto show a film, play, etc. for longer than planned. The movie proved so popular it was held over for another week.

What does mean holdover?

1a : postpone, defer. b : to retain in a condition or position from an earlier period. 2 : to prolong the engagement of the film was held over another week.

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