Tenant turnover definition

Tenant turnover means the time at which all existing occupants vacate a dwelling unit, and all new tenants move into the dwelling unit or the time at which a new tenant enters a vacant dwelling unit.
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Tenant turnover means the time at which all existing occupants vacate a unit and
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Tenant turnover means the time at which all existing occupants
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Examples of Tenant turnover in a sentence

  • Tenant turnover, marketing plans, and affordability will be included in this session.

  • Tenant turnover can be costly, according to the following estimated cost of losing a tenant in Class A office space.

  • Tenant turnover increased by 5% in 2011 and by a further 16% in 2012, contributing to an increase in the Issuer’s annual income of 14% over the 2 year period, as illustrated below.

  • If it is determined that such an ordinance could be enacted, the County may want to consider enacting an ordinance limited to rental properties, which would require inspection and a certificate of occupancy at these events: o Change of ownership of property already in rental useo Conversion of previously owner-occupied or vacant residential properties into rental propertieso Tenant turnover and re-occupancy.

  • Tenant turn-over tends to be largely natural but is also governed by the Exit Strategy as set out in the YIC Business Plan.

  • Tenant turnover - The time at which all existing occupants vacate a dwelling unit and all new tenants move into the dwelling unit.

  • Studies showed rates ranging from 10 to 95 percent per year with most rates being well above 10 percent.• Tenant turnover was found to be highest for small office, small retail, and restaurant sectors.• Changes to buildings are also high.

  • Tenant turnover will continue; the owners of the most in-demand buildings will attempt to attract better tenants.

  • Tenant turnover was up 2.1% year-on-year in cedi (down 4.2% in US dollar terms), while trading density rose by 17.4% in cedis and 10.1% in US dollars.

  • In addition, multifamily building owners who have made com- prehensive energy efficiency investments report that one of the biggest project benefits—reduced tenant turnover rates—was totally unexpected to them.24 Tenant turnover is a significant cost to building owners, and reducing it is a substantial indirect benefit of energy efficiency upgrades.Multifamily programs are further complicated by confusion in determining which utility efficiency programs a multifamily building is eligible for.


More Definitions of Tenant turnover

Tenant turnover means the time at which all existing occupants vacate a unit and all new occupants move into the unit. (14) "Environmental lead poisoning level" means a confirmed venous blood lead level as defined pursuant to section 23-24.6- 4.
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Related to Tenant turnover

  • Tenant means a person entitled under a rental agreement to occupy a dwelling unit to the exclusion of others.

  • Lessee means a person who acquires the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessee.

  • Landlord shall have the meaning given such term in the preambles to this Agreement and shall also include their respective permitted successors and assigns.

  • Tenant Work All work installed or furnished to the Premises by Tenant in connection with Tenant’s initial occupancy pursuant to Rider 2 and the Workletter.

  • Major Tenant means a tenant of a Loan Party under a lease of Property which entitles it to occupy 15,000 square feet or more of the net rentable area of such Property.

  • Leased Premises means the Leased Premises as defined in Paragraph 1.

  • the Tenant means the party(ies) named on the tenancy agreement as the tenant of The Property.

  • Subleased Premises means such portions of the Leased Premises being particularly identified on Schedule B, which the parties agree, for the purposes of this Sublease and any square footage calculations pursuant hereto, is approximately 42,244 square feet of office (21,068 square feet on the third floor and 21,176 square feet on the seventh floor) and approximately 9.4312% of common space (building rentable area is 447,917 square feet).

  • Anchor Tenant means, with respect to a Community Renewable Energy Generation Project, the non-End Use Customer subscriber designated by Seller as such under its SFA application.” The following is added as Section 1.3.3:

  • the Premises means the building or part of the building booked and referred to in the contract

  • Tenant’s Work means all improvements, alterations, fixture, equipment, and signage installation, and furniture placement necessary or appropriate for the conduct of the Permitted Use, including all work described as Tenant’s Work on Exhibit D, attached (the “Work Letter”).

  • Tenants means the tenants under the Leases.

  • Customer Premises Equipment or "CPE" means equipment employed on the premises of a Person other than a Carrier to originate, route or terminate Telecommunications (e.g., a telephone, PBX, modem pool, etc.).

  • Collocation Space means an area of space located in a Building to be used by CLEC to house telecommunications equipment. Additionally, roof or wall space used for wireless interconnection shall be included in the definition where applicable.

  • Subtenant means any Person entitled to occupy, use, or possess any Premises under a Sublease.

  • the Landlord means the party named on the first page of this Agreement and any successor and any person who has an interest as heritable proprietor in The Property, even if not named in this Agreement. The Landlord agrees to inform The Agent, in writing, of any changes to ownership of The Property, contact telephone numbers, postal or e-mail addresses as soon as possible and in any event within 7 days of the change.

  • Demised Premises or “Premises” (and whether or not capitalized) is used herein, it shall be understood to mean the “premises leased hereby”; and whenever the term “Entire Premises” is used herein (and whether or not capitalized), it shall be understood to mean all of the contiguous land and buildings owned by Landlord at this location, which include the premises leased hereby. The term “Non-leased Premises” shall mean the Entire Premises less the Leased Premises.

  • Sublessee means any party to whom Lessee grants the right to possess all or any portion of the Premises according to a Sublease.

  • School premises means either of the following:

  • Lease Area means the Lease Area as more particularly described in SCHEDULE C.

  • Lessor means a person who transfers the right to possession and use of goods under a lease. Unless the context clearly indicates otherwise, the term includes a sublessor.

  • Tenant Party means any of the following persons: Tenant; any assignees claiming by, through, or under Tenant; any subtenants claiming by, through, or under Tenant; and any of their respective agents, contractors, employees, licensees, guests and invitees.

  • Premise means any structure or group of structures operated as a single business or enterprise, provided, however, the term "premise" shall not include more than one (1) dwelling.

  • Leased space means individual storage space at a self-service storage facility which is rented to an occupant pursuant to a rental agreement.

  • Building Square Footage or "BSF" means the square footage of assessable internal living space of a Unit, exclusive of any carports, walkways, garages, overhangs, patios, enclosed patios, detached accessory structure, other structures not used as living space, or any other square footage excluded under Government Code Section 65995 as determined by reference to the Building Permit for such Unit.

  • Landlords means the landlords under the Leases.