Top Menu

Frequently Asked Questions:

What is a “holdover” in a lease?

A “holdover” occurs when a tenant continues to occupy and use the premises after the term of the lease ends.  If the landowner continues to accept rent payments, the holdover tenant can continue to legally occupy the premises.  If this occurs, and if a new lease is not developed, the length of the new rental term is then dependent on each state’s laws and any relevant court decisions.  If the landowner does not accept continued payments, eviction proceedings can occur.

Posted in: Lease Agreements, Term, Renewal and Extension