Periodic tenant definition

Periodic tenant means a tenant who holds possession without a valid lease and pays rent on a periodic basis. It includes a tenant from day−to−day, week−to−week, month−to−month, year−to−year or other recurring interval of time, the period being determined by the intent of the parties under the circumstances, with the interval between rent−paying dates normally evidencing that intent.
Periodic tenant means a tenant who holds possession without a valid lease and pays rent on a periodic basis. It includes a tenant from day-to-day, week- to-week, month-to-month, year-to-year or other recurring interval of time, the period being determined by the intent of the parties under the circumstances, with the interval between rent-paying dates normally evidencing that intent.
Periodic tenant means a tenant who holds po ssession without a va lid lease and pays rent on a periodic basis. It includes a tenant from day-to-day, week-to-week, month-to- month, year-to-year orother recurring interval of time, with the intervalbetween rent-paying dates normally evidencing that intent.

Examples of Periodic tenant in a sentence

  • Periodic tenant charges which are not paid by tenants as a part of monthly rental payments (such as, in some cases, CAM charges and real estate tax reimbursements) shall be apportioned as of the Closing Date between Sellers and Purchaser (in the manner set forth above) upon receipt of the payment from the subject tenant subsequent to the Closing Date, based on the number of days in the lease year (or other period) before and after the Closing Date, respectively.

  • If that were the situation, Deutsches Land would be ineligible for an exemption (2) "Periodic tenant" means a tenant who holds possession without a valid lease and pays rent on a periodic basis.

Related to Periodic tenant

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

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Landlord means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.