👉 Untenantableness is a term used in the context of business and accounting to describe a situation where a company has not been able to pay its debts or obligations as they are due. It can refer to a variety of reasons, such as non-payment by creditors, insolvency of the debtor, or other events that make it difficult for the company to meet its financial obligations. Untenantableness can be a significant problem for businesses and can lead to financial instability and potential legal consequences.
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What is the definition of Untenantableness? 🙋
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What is the definition of Untenantable? 🙋
👉 Untenantable in the context of property management refers to a tenant who is not able or willing to occupy the property. This can happen for various reasons, such as a lack of space within the building, financial difficulties, or a desire to move out. Untenantables may require special measures, such as providing temporary accommodations or requiring payment for their stay, in order to ensure that they are not allowed to continue occupying the property.
