Definition, Meaning & Synonyms

tenancies

noun

/ˈtɛnənˌsiz/

Definition

The condition of holding or occupying land or property under a lease.

Examples

After reviewing the terms, they decided to extend their tenancies for another year.
Different types of tenancies can affect the rights of landlords and tenants.
The new legislation aims to protect the rights of individuals in various tenancies.

Meaning

Tenancies refer to the arrangements under which one party assumes control of property owned by another party, typically for a specified period and in return for rent or other considerations.