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Real Estate vocabulary · Renting & Tenancies

Notice period

Meaning in real estate, with examples

nounCommon term

In real estate, notice period means: The amount of time a landlord or tenant must warn the other side in advance before ending a lease, such as one or two months.

In Turkish: ihbar süresi, fesih bildirimi süresi

How it is used

Set by the lease and by law. People say give notice, serve notice or hand in their notice. Tenants check the notice period before planning a move so they do not end up paying rent on two homes.

Example sentences

  1. The lease has a two-month notice period, so we need to tell the landlord by the end of this month.

  2. What notice period does the landlord have to give?

Common collocations

  • give notice
  • serve notice
  • one month's notice
  • written notice
  • notice period ends
  • leaseA legal contract in which an owner lets a tenant use a property for a fixed period in return for rent, setting out the rights and duties of both sides.
  • evictionThe legal process of making a tenant leave a property, for example after unpaid rent or a serious breach of the lease.
  • break clauseA term in a lease that lets the landlord, the tenant or both end the lease early on a set date, usually after giving notice.
  • tenantA person or business that pays rent to live in or use a property owned by someone else, usually under a lease.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Renting & Tenancies

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