sitting tenant

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sitting tenant

a tenant occupying a house, flat, etc.
References in periodicals archive ?
He said: "The price that you are likely to pay for your farm or land, as a sitting tenant, will depend on various factors, including your age, the number of years left in the tenancy agreement and the actual market value of the land - especially if it has development potential.
It wasn't easy either for sitting tenants Wrexham FC, whose staff, though no strangers to hosting the occasional rugby match of both union and league codes, have had to adapt to and adopt a totally different culture in the space of just a few weeks.
They presently live in a three-bedroom house on a large housing estate which they bought as sitting tenants.
Two candidates spring immediately to mind as sitting tenants - Peter Beardsley, who is academy forwards coach at Newcastle, though Carroll and Ranger are out of his jurisdiction, and Supermac, who could surely spare a couple of days a week.
In the UK, I believe that there are laws to protect sitting tenants - a landlord is bound by a contract and can be prevented from selling a property without protecting the rights of his tenant.
At the time they were sitting tenants, paying pounds 1 a year until 2086, which meant the Foreign Office couldn't cash in on the site's development potential.
Chris Mackaness, retail partner at GVA Grimley, argues that all supermarkets have historically been undervalued: "You could value Sainsbury's stores as going concerns with sitting tenants, or you could just look at the value of the land.
And, depending on the success of the venture, Rudder said Time will determine what do to with space that becomes available as the leases of sitting tenants expire.
SITTING tenants have been hit with a bill for 17 years back rent on a village bench - for a total of 51p.
A further 9,000 government houses and over 10,000 houses belonging to the Zambia Consolidated Copper Mines (ZCCM), which is undergoing privatisation, are to be offloaded to sitting tenants.
The stated official objective of the Report of the Ad Hoc Committee on Sale of Flats to Sitting Tenants (p.
The work done on demand, mainly in and by sitting tenants.