Business and Personal Finance Dictionary

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• TENANCY-IN-COMMON - Co-ownership of property. In a valid tenancy-in-common, a deceased co-owner's title...
  
  
• TENANT - In general, one who exclusively holds or possesses property, such as a life tenant or a tenant...
  
  
• TENANT (LESSEE) - One who rents real estate from another and holds an estate by virtue of a lease
  
  
• TENANT ACCEPTANCE LETTERS OR TENANT ESTOPPEL LETTERS - See estoppel letter.
  
  
• TENANT AT WILL - One who holds possession of premises by permission of the owner or landlord. The chara...
  
  
• TENANT EMERGENCY PROCEDURES MANUAL - A printed manual outlining emergency procedures, including evacuat...
  
  
• TENANT IMPROVEMENT (TI) - Improvements made to the leased premises by or for a tenant
  
  
• TENANT IMPROVEMENT (TI) ALLOWANCE - Defines the fixed amount of money contributed by the landlord towar...
  
  
• TENANT IMPROVEMENTS - A commercial or an industrial property manager often is called on to make tenant ...
  
  
• TENANT IN COMMON - Two or more persons own the property with no right of survivorship. If one dies, his...