co-tenancy

Joint rental arrangement

Co-tenancy is a lease arrangement where multiple tenants share a commercial property, typically a shopping center or mall.

Co-tenancy clauses protect smaller retailers by tying their rent or occupancy to the presence of anchor tenants: The co-tenancy clause let them reduce rent when the department store closed.

If major tenants leave, remaining tenants may pay reduced rent or exit their leases.

legal

lease

Temporary use contract

liability · joint · several · occupancy · rental · contract · property · obligation · provision · default

retail

anchor

Secures ships to seabed

department store · footfall · traffic · trigger · radius · opening · operation · continuous · cotenants · mix

property

co-ownership

Shared legal possession

interest · deed · title · survivorship · estate · concurrent · inheritance · percentage · fractional · unity

Categories
Opposites
occupancy arrangement

co-tenancysingle occupancy

One-person dwelling designation

living alone

ownership vs. tenancy

co-tenancysole ownership

Undivided possession by one

co-ownership · freehold · proprietorship · landlordship · individual ownership

Family

contain, continue, obtain, tenant, tenacious, tenure, tenable, tenancy, co-tenant

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