Joseph Byrnes answers: What is a holdover tenant?
Berger Commercial Realty / October 13, 2016
A holdover tenant is a tenant who is in occupancy of their premises beyond their lease expiration date, and a lot of times if a holdover tenant is there, they may be subject to additional rent, a lot of times it's 200% of what they were currently paying at the end of their lease.« Previous Next »