What is a holdover tenant?

Prepare for the Leasing License Test using our comprehensive flashcards and multiple-choice questions. Each question includes hints and explanations to enhance your learning experience. Excel in your examination!

A holdover tenant is defined as a tenant who continues to occupy a property after their lease has expired without the landlord's consent. This situation typically arises when a tenant remains in the rented space beyond the agreed-upon lease term, creating a scenario where the legal obligations of the original lease may or may not still apply.

The relationship between a landlord and a holdover tenant can be complex. If the landlord allows the tenant to remain, this may lead to an implied month-to-month tenancy; however, the landlord can also choose to evict the holdover tenant or negotiate new lease terms. Understanding the implications of being a holdover tenant is crucial, as it can affect both the rights of the tenant and the responsibilities of the landlord regarding rental payments, property maintenance, and possible eviction proceedings.

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