The loss of a property or something of value due to non-compliance with the law or breach of contract. In the case of a tenant being in breach of contract or performing an illegal activity on the leased premises the tenant will forfeit his lease and the landlord may evict them and take possession of the property. Every country has different policies regarding eviction, ensure you follow the legal route.
forfeiture
Published: March 10, 2009Posted in: Glossary


