Definitions: Tenant

Definitions: Tenant

Tenant” refers to a company or individual that leases space from an owner/landlord. Usually money is paid as rent however, sometimes the landlord will make a trade. For instance, a CPA might lease a single office from a manufacturing company in exchange for doing the landlord’s taxes. The space could include any of the following types of real estate: an apartment, office building, farm land or a manufacturing plant.





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