sitting tenant


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sitting tenant

n
(Law) a tenant occupying a house, flat, etc
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
Translations

sitting tenant

n (Brit) → affittuario/a, inquilino/a
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995
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References in periodicals archive ?
Will landlords who are faced with making a substantial investment look to recover at least part of that cost from the sitting tenant by alleging that the tenant has failed to carry out repairs and maintenance?
Renfrewshire Council owns the land and considered other offers after the sitting tenant fell into rent arrears.
However, an easy way to ensure a good return is to buy a property with a sitting tenant. Another method would be to buy property from a developer that is offering a guaranteed rental return, says Bin Sulayem.
If this is the case the tenant is characterised as a sitting tenant and any disputes between owner-tenant are resolved by a special tribunal, called the Rent Control Court.
The basis of the rent review is the amount that an incoming tenant would pay for the holding ignoring all improvements and fixtures made by the sitting tenant.
What happens however when the sitting tenant buys the shop from the owner?
Normally new owners want to get rid of the sitting tenant and install their own boss.
The company indicated that, as sitting tenant, I had a fair chance.
The 340sq/m duplex apartment, which has a sitting tenant, is laid out with tiles and parquet flooring and includes fine finishings as well as stunning scenic views of Tala Island from its numerous balconies.There is a large living room and dining area on the first floor along with a balcony and open-plan kitchen.The kitchen includes state-of-the-art appliances, a breakfast bar and plenty of counter space.
And what would be the ownership status of a property with a sitting tenant protected by law?
At the end of the day, it is very, very difficult to get a sitting tenant out of a property in Dubai."
Conclusion The step back up in trip should suit and conditions are fine but Sitting Tenant is a serious danger and I'll be a layer at the forecast 11-10.