Try to get legal assistance as soon as you can. Wiktionary (0.00 / 0 votes)Rate this definition: holdover (Noun) Something left behind, saved or remaining from an earlier time. Source: Merriam-Webster's Dictionary of Law ©1996. In response I have created The Holdover Tenant Handbook, which includes a form notice, a form holdover eviction complaint, and a brief overview of the process. Information and translations of holdover in the most comprehensive dictionary definitions resource on … Tenancy at Will. holdover (Noun) The distance (at target) by which a rifle scope is aimed higher than the intended point of impact in order to compensate for bullet drop over the distance to the target. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. How to use holdover in a sentence. ‘Rue, of course, is a holdover from Lebanon's time as a French protectorate.’ ‘Visitors generally assume that the name, like the obelisk, is a holdover from the 1930s.’ ‘For her, he is a holdover from the nineteenth century, not a modern artist.’ n. One that is held over from an earlier time: a political adviser who was a holdover from the Reagan era; ... consultation, or advice of a legal, medical, or any other professional. The best way to avoid dealing with the problem of a holdover homeseller is to examine the property before closing while you still have some leverage. Holdover Period means any contact or communication (whether written, electronic, oral or otherwise) between Counterparty or any of its Employees or Designees, on the one hand, and Dealer or any of its Affiliates or Employees, on the other hand. A holdover is something that has stuck around for a long time. One that is held over from an earlier time. The act of keeping possession by the tenant, without the consent of the landlord of premises which the latter, or those under whom he claims, … Source. This 50% penalty shall not be applicable if lessee and lessor are negotiating in good faith a renewal or extension of the agreement. This clause is important for both landlords and tenants to understand because it prevents the former from re-letting the space while increasing (sometimes significantly) the amount of rent a tenant pays. Holdover Holdover means circumstances in which a lessee remains in possession of the leased premises after the lease term expires. To retain possession as a tenant of real property following the termination of the lease or tenancy at will. holdover tenant A tenant who remains in possession of leased premises beyond the expiration of a lease term.Most commercial leases,and many residential leases,provide that a holdover tenant will be responsible for rent in an amount 125 to 200 percent greater than current market rents, but accepting the rent does not sacrifice any of the landlord's rights to obtain an eviction. A nonsecure area may be a multipurpose area which is unable to be locked. Scoping language None … A holdover tenant is a renter who remains in a property after the expiration of the lease. A holdover proceeding is a proceeding to evict a tenant on any grounds other than the nonpayment of rent. Search for a definition or browse our legal glossaries. Hold-over tenant is a tenant whose lease has expired but continues to occupy the premises without the landlord s consent. Definition of Holdover in the Financial Dictionary - by Free online English dictionary and encyclopedia. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. When a tenant remains in the unit after the lease has expired, that person becomes a tenant at will, also known as a month-to-month tenancy. #The distance (at target) by which a rifle scope is aimed higher than the intended point of impact in order to compensate for bullet drop over the distance to the target. ... consultation, or advice of a legal, medical, or any other professional. 25 CFR § 162.003. Definition of holdover 2: #Something left behind, saved or remaining from an earlier time.'' A holdover is an eviction proceeding a landlord brings in Housing Court for a reason other than nonpayment of rent. 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