Examlex
The opportunity to take advantage of the downward pressure on stock prices that result from end-of-the-year tax selling is known as the
Tenancy at Sufferance
A legal situation where a tenant remains in possession of property after the expiration of the lease, without the landlord's consent.
Fee Simple Tenancy
The most complete form of ownership of real property, giving the holder full possessory rights and responsibilities now and in the future.
Security Deposits
Funds paid in advance as security for the performance of a contract, such as renting property, and may be refundable depending on the terms of the agreement.
Remedying Ordinary Wear
The act of repairing or maintaining items to address the normal deterioration occurring from regular use.
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