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Moneyextra.com Dictionary

Tenant

A tenant is someone who has the right to occupy property under the terms and conditions set out in a lease or rental agreement.

The tenant may be a person who pays rent to a landlord to occupy a flat for just a few months or in another context a tenant may be a property owner who holds a lease for say 100 years and pays ground rent to a freeholder

See also Mortgage Centre and Mortgage comparison Service for the latest facts and figures.

Moneyextra.com recommends you take independent financial advice before acting on any article

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2009-02-17 00:00:00 © Moneyextra.com