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

  • If permanent power or telephone lines are not available for any reason at Tenant turnover, it is the responsibility of Tenant/Tenant’s General Contractor to provide temporary construction power and temporary phone service (e.g., generator, cellular service, etc.).

  • 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.

  • 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.

  • Tenant turnover is high; the median term for renting a unit was two years.

  • Tenant turnover is a major source of costs, equivalent to several months’ rent,28 for multifamily building owners, who must clean the unit and prepare itfor a new renter, recruit a new tenant, and suf- fer lost rental income.

  • 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.

  • The process is scalable and transparent, and allows direct stakeholder participation in either collaborative or asynchronous modes.

  • Tenant turnover increased by 14% and foot count increased by 16.1% .

  • Tenant turnover contributes to the number of vacant units due to the fact that time may elapse before a newly vacated unit can be re-let.


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.
Sample 1
Tenant turnover means the time at which all existing occupants vacate a dwelling and all new tenants move into the dwelling.
Sample 1

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 means the owner, lessor or sublessor of the dwelling unit or the building of which such

  • 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 all that portion of the Leased Premises referred to as airport lot as outlined on the site diagram attached as Schedule "A" to this Sublease; and

  • 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.).

  • 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 a self−service storage unit or a space located within a self−service storage facility that a lessee is enti- tled to use for the storage of personal property on a self−service basis pursuant to a rental agreement and that is not rented or pro- vided to the lessee in conjunction with property for residential use by the lessee.

  • 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.

  • Storage Space means a space where goods of non-hazardous nature are stored and includes cold storage and banking safe vaults;