Statutory tenancy means that by law one is a tenant for the property. In most states statutory tenancy occurs when the landlord hands the keys over to the tenant, allowing him to move into the property. No lease is required to be signed for this to happen. And the person remains a statutory tenant as long as he pays his rent and the landlord accepts it.
No, the three-day right of rescission rule does not apply to lease agreements in California. This right typically pertains to certain types of loans and credit transactions, specifically under the Truth in Lending Act. Lease agreements are generally governed by different laws and regulations, and tenants do not have a statutory right to rescind a lease after signing it. Always consult a legal professional for specific situations.
Statutory Body
what is the difference between statutory audit and non statutory audit.
Also known as a "holdover" tenant; one who stays beyond the fixed term of a lease. For residential leases, some states automatically recognize a "tenancy at will", with statutory terms for a holdover; other states apply this to any expired lease when a tenant does not immediately leave or renew the lease.
statutory expenses
What is statutory inducements
A statutory body deals with written law; non-statutory deals with implied law.
what is statutory fund
There is no statutory lending ratio.
Leveraged Lease Financial Lease Operating Lease
lease
==One Answer== There is no textbook definition for a "statutory estate" in the U.S. Perhaps you are referring to the statutory right of a spouse to waive the will and take a statutory share of the estate instead.