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Meaning of hold something over in English to delay something: The nomination was held over until the Senate adjourned. If a film, play, etc. is held over, it is shown or performed more times than was originally planned, usually because it is very popular with the public.
What does holdover mean dictionary?
: to retain in a condition or position from an earlier period. 2. : to prolong the engagement of.
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.
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 is the meaning of holdover status?
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.
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holdover (noun as in remnant) Strong matches. relic remainder surplus.
What is the legal definition of hold over?
Holding over means to continue for a prolonged period of time. In the context of property law, holding over is defined as the act of continued occupancy by the tenant of premises past the lease or agreement terms, with or without the consent of the landlord as cited in the case of Leone v. Bilyeu 238 S.W.
Related links
holdover tenant | Wex - Cornell Law School
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
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