In plain English
This refers to the point when the property's keys are passed to the next person. The property is a home or other residential place, and the receiver is the person taking it over.
In context
Here, it names giving the residential property's keys to the tenant as the person taking it over.
- Situation
- Signing leases, communicating with property managers, and tracking tenancy administration
- What it communicates
- names the handover of keys or other access items to the tenant
Meaning limits
It refers only to the giving of the residential property's keys, not to every part of taking over the property.
Examples
“The lease was signed in the office, but the key handover to the new tenant took place later at the apartment.”
“On move-in day, the caretaker delayed the key handover because the tenant was still on the bus.”