Definition of tenancy noun from the Oxford Advanced Learner's Dictionary

     

    tenancy

     noun
    noun
    BrE BrE//ˈtenənsi//
     
    ; NAmE NAmE//ˈtenənsi//
     
    (pl. tenancies)
     
    jump to other results
  1. 1[countable] a period of time that you rent a house, land, etc. for a three-month tenancy a tenancy agreement CollocationsMoving house Renting live in a rented/(especially North American English) rental property rent/​share/​move into a furnished house/(British English) flat/(especially North American English) apartment rent a studio/(British English) a studio flat/(especially North American English) a studio apartment/(British English) a bedsit find/​get a housemate/(British English) a flatmate/(North American English) a roommate sign/​break the lease/​rental agreement/​contract extend/​renew/​terminate the lease/(British English) tenancy afford/​pay the rent/​the bills/(North American English) the utilities (especially British English) fall behind with/ (especially North American English) fall behind on the rent pay/​lose/​return a damage deposit/(North American English) security deposit give/​receive a month’s/​two-weeks’ notice to leave/​vacate the propertyBeing a landlord have a flat/​apartment/​room (British English) to let/(especially North American English) for rent rent (out)/lease (out)/ (British English) let (out)/sublet a flat/​apartment/​house/​property collect/​increase/​raise the rent evict the existing tenants attract/​find new/​prospective tenants invest in rental property/(British English) property to let/(British English) the buy-to-let marketBuying buy/​acquire/​purchase a house/(a) property/(especially North American English) (a piece of) prime real estate call/​contact/​use (British English) an estate agent/(North American English) a Realtor™/(North American English) a real estate agent/​broker make/ (British English) put in an offer on a house put down/​save for (British English) a deposit on a house make/​put/​save for (especially North American English) a down payment on a house/​home apply for/​arrange/​take out a mortgage/​home loan (struggle to) pay the mortgage make/​meet/​keep up/​cover the monthly mortgage payments/(British English also) repayments (British English) repossess/ (especially North American English) foreclose on somebody’s home/​houseSelling put your house/​property on the market/​up for sale/​up for auction increase/​lower your price/​the asking price have/​hold/​hand over the deed/(especially British English) deeds of/​to the house, land, etc.
  2. 2[countable, uncountable] the right to live or work in a building or on land that you rent They had taken over the tenancy of the farm.
  3. Extra examples The flat could be let on an assured shorthold tenancy for about £800 a month. The land was held on a yearly tenancy. The tenancy is held in joint names. shorthold tenancy created by the Housing Act of 1980
See the Oxford Advanced American Dictionary entry: tenancy