Notice to Quit
Barron's Business Dictionary:
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Notice to Quit
1. notice to a tenant to vacate rented property.
2. notice sometimes used by a tenant who intends to vacate on a certain date.
| Notice of Deficiency, Notice of Default, Notice | |
| Novation, Nuisance, Nuke |
Barron's Real Estate Dictionary:
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Notice to Quit
1. a notice to a tenant to vacate rented property.
Example: After the lease expired the tenant remained in possession.
The landlord sent a notice to quit by January 31.
2. sometimes used by a tenant who intends to vacate on a certain date.
| Notice of Default, Notice of Completion | |
| Notorious Possession, Novation |
Barron's Law Dictionary:
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Notice to Quit
Formal notification terminating a tenancy on a specified date. A notice to quit part of the property is valid only if specifically allowed by the tenancy. The notice may be given by either the landlord or the tenant to the other party.
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Copyrights:
Barron's Business Dictionary
Dictionary of Business Terms. Copyright © 2007 by Barron's Educational Series, Inc. All rights reserved.
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Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
Read more