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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.
What else can I help you with?
Is SEBI a statutory body or non statutory body?
Statutory Body
What is the difference between statutory and non statutory audits?
what is the difference between statutory audit and non statutory audit.
What are statutory expenses?
statutory expenses
What is statutory inducement?
What is statutory inducements
What the difference between statutory and non statutory bodies?
A statutory body deals with written law; non-statutory deals with implied law.
What is the definition of a tenant at sufferance?
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.
What is statutory fund means?
what is statutory fund
Statutory lending ratio?
There is no statutory lending ratio.
What are the 3 types of lease?
Leveraged Lease Financial Lease Operating Lease
What is a contract thet lets you rent someone else's possessions?
lease
What is the definition of statutory estate?
==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.
Is A lease as good as agreement to lease?
A lease in itself, is an agreement to lease. All the same.
