Joint Tenant definition

Joint Tenant means, if there is more than one individual listed on the lease agreement for a Rental Unit, rent payments provided in this Rent Guarantee will be divided in equal proportions between the two individuals whose names are listed first on the lease for the Rental Unit who will then become the Tenants for the Rental Unit. Rent payments are limited to a maximum of two (2) Joint Tenants per Rental Unit. The two (2) Joint Tenants must be the first two tenants listed on the lease for the Rental Unit. Notwithstanding the designated principal Tenant of the two Joint Tenants must be the Registered with Pensio.
Joint Tenant means a co-owner of property, identified on a deed as a joint tenant, who, upon the death of the other co-owner automatically becomes the owner of the deceased’s interest in the property through survivorship;
Joint Tenant means persons who are eligible to enter into a tenancy agreement under this policy.

Examples of Joint Tenant in a sentence

  • If a person aged 16 or over (who is not a Joint Tenant) occupies the Let Property with the Tenant as that person’s only or principal home, the Tenant must tell the Landlord in writing that person’s name, and relationship to the Tenant.

  • If a person aged 16 or over (who is not a Joint Tenant) occupies the Let Property with the Tenant as that person's only or principal home, the Tenant must tell the Landlord in writing that person's name, and relationship to the Tenant.

  • One Joint Tenant cannot terminate the joint tenancy on behalf of all Joint Tenants.

  • Where there are Joint Tenants the Landlord is recommended to arrange for the individual Deposits of each Joint Tenant to be submitted separately to The DPS.

  • In furtherance of the consummation of the transactions described in this Agreement, the Joint Tenant hereby expressly gifts and transfers to the Executive all right, title and interests in such of the Shares held in joint tenancy, such gift and transfer taking effect immediately prior to and in connection with the consummation of the transactions described herein.

  • As a joint tenant with respect to some or all of the Shares subject to this Agreement, the Joint Tenant hereby represents and acknowledges that she has read and understands the terms and provisions set forth herein.

  • The Joint Tenant hereby agrees and acknowledges that the effect of this Section 2.6 is to terminate her joint tenancy interest in any of the Shares held in joint tenancy as of the date hereof.

  • We can recover all rent arrears owed for the Premises from any individual Joint Tenant.

  • The names of any Joint Tenants cannot be removed from the Tenancy and if one Joint Tenant terminates the tenancy then the Tenancy comes to an end.

  • If a Deed of Assignment is not completed when a Joint Tenant leaves; all parties will remain obligated by the terms of the agreement including payment of rent.


More Definitions of Joint Tenant

Joint Tenant means persons who are eligible to enter into a tenancy agreement under this policy. “ ” or “KFN”

Related to Joint Tenant

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • Sublandlord means the holder of sublandlord’s interest under this Sublease. In the event of any assignment or transfer of the Sublandlord’s interest under this Sublease, which assignment or transfer may occur at any time during the Term in Sublandlord’s sole discretion, Sublandlord shall be and hereby is entirely relieved of all covenants and obligations of Sublandlord hereunder accruing subsequent to the date of the transfer and it shall be deemed and construed, without further agreement between the parties hereto, that any transferee has assumed and shall carry out all covenants and obligations thereafter to be performed by Sublandlord hereunder. Sublandlord may transfer and deliver the then existing Letter of Credit to the transferee of Sublandlord’s interest under this Sublease, and thereupon Sublandlord shall be discharged from any further liability with respect thereto. In addition, Sublandlord shall comply with all of its obligations as “Tenant” under the Master Lease except to the extent that any such obligation is the obligation of Subtenant pursuant to the terms of this Sublease. Notwithstanding any other term or provision of this Sublease, the liability of Subtenant to Sublandlord for any default in Subtenant’s obligations under this Sublease shall be limited to actual, direct damages, and under no circumstances shall Sublandlord, its partners, members, shareholders, directors, agents, officers, employees, contractors, sublessees, successors and/or assigns be entitled to recover from Subtenant (or otherwise be indemnified by Subtenant) for lost revenues, lost profit or other consequential, special or punitive damages arising in connection with this Sublease for any reason, except for any breach by Subtenant under Section 12 of the Master Lease. Notwithstanding any other term or provision of this Sublease, no personal liability shall at any time be asserted or enforceable against Subtenant’s shareholders, directors, officers, or partners on account of any of Subtenant’s obligations or actions under this Sublease.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.