The Property Guide
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Background

Property Knowledgebase and Glossary

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ItemDescription
Tenancy A temporary possession of a property by a tenant.
Tenancy Agreement A legal agreement designed to protect the rights of the tenant and landlord and setting out all the terms and conditions of the rental arrangements.
Tenant A person who has temporary possession of a property.
Tenants in Common A form of ownership by two or more people in which if one of them dies, their share of the property forms part of their estate and does not automatically pass to the other(s).
Tenure Conditions on which a property is held (ie: length of lease).
Terraced House A property which forms part of a connected row of houses.
Title Deeds The deeds of the property proving ownership. Held by lender until the loan is repaid.
Transfer Deeds The land registry document that transfers legal ownership from seller to buyer.

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