An estate in reversion is a future interest that a grantor retains for themselves, which begins after the termination of some particular estate that has been granted.
A holdover clause is a provision in a lease that outlines the actions and conditions when a tenant remains in the property beyond the expiration of the lease term.
A holdover tenant is a tenant who remains in possession of leased property after the expiration of the lease term. Depending on the circumstances, the landlord may either evict the tenant or allow them to stay on a month-to-month basis.
A Rent Roll is a detailed list of individual tenants within a property, typically including information such as unit numbers, lease agreements, monthly rents, and lease expiration dates. It serves as a critical document for property management, providing an overview of rental income and tenant occupancy status.
Tenancy at sufferance occurs when a tenant who legally occupied a property remains in possession after the lease has expired, without the landlord's consent.
