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tenancy

n. the right to occupy real property permanently, for a time which may terminate upon a certain event, for a specific term, for a series of periods until cancelled (such as month-to-month), or at will (which may be terminated at any time). Some tenancy is for occupancy only as in a landlord-tenant situation, or a tenancy may also be based on ownership of title to the property.

See also: joint tenancy  landlord and tenant  tenancy at sufferance  tenancy at will  tenancy by the entirety  tenancy in common  tenant  title 



The People's Law Dictionary by Gerald and Kathleen Hill Publisher Fine Communications