sitting tenant

sitting tenant
/ˌsɪtɪŋ 'tenənt/ noun
a tenant who is occupying a building when the freehold or lease is sold
The block of flats is for sale with four flats vacant and two with sitting tenants.

Dictionary of banking and finance. 2015.

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  • sitting tenant — noun The tenant currently occupying a property • • • Main Entry: ↑sit * * * sitting tenant UK US noun [countable] [singular sitting tenant plural sitting tenants …   Useful english dictionary

  • sitting tenant — ➔ tenant * * * sitting tenant UK US noun [C] LAW, PROPERTY ► someone with the legal right to remain in a property that they are renting and who cannot be forced to leave by its owner: »It is possible to sell a property with a sitting tenant… …   Financial and business terms

  • sitting tenant — sitting tenants N COUNT A sitting tenant is a person who rents a house or flat as their home and has a legal right to live there. [BRIT] 1.4 million council homes have been sold, mostly to sitting tenants …   English dictionary

  • sitting tenant — ► NOUN Brit. ▪ a tenant already in occupation of premises …   English terms dictionary

  • sitting tenant — n BrE someone who lives in a rented house or ↑flat, especially when this gives them legal rights to stay there …   Dictionary of contemporary English

  • sitting tenant — UK / US noun [countable] Word forms sitting tenant : singular sitting tenant plural sitting tenants British someone who pays rent to live in a house or flat and has the legal right to stay there …   English dictionary

  • sitting tenant — noun Brit. a tenant already in occupation of premises, especially when there is a change of owner …   English new terms dictionary

  • sitting tenant — noun (C) BrE someone who lives in a rented house or flat, especially when this gives them legal rights to stay there …   Longman dictionary of contemporary English

  • tenant — A partial owner of a security, or the holder of some property. Bloomberg Financial Dictionary See: lessee. Bloomberg Financial Dictionary * * * tenant ten‧ant [ˈtenənt] noun [countable] LAW PROPERTY a person …   Financial and business terms

  • tenant — noun ADJECTIVE ▪ current, existing, sitting (esp. BrE) ▪ She is taking legal action to evict a sitting tenant. ▪ incoming, outgoing (both esp. BrE) ▪ …   Collocations dictionary

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