Deanna Dombrowski answers: What is a hold over tenant in a commercial lease?

A holdover tenant is a tenant that continues to occupy the space after the lease has expired. They can continue to stay as long as they’re making their rent payments; however, they might want to check their lease because in most cases the landlord has the right to charge double the rent for a holdover tenant. If the landlord will not accept the rent payments, or if the tenant does not make any payments, then the tenant can be evicted.