permissive waste

Found in Anh - Anh (Wordnet)

Definition Noun (Legal term): - A reduction in the value of a property or estate caused by the actions or neglect of a tenant who is legally allowed to occupy it. This term refers to damage or deterioration that occurs because the tenant, while having the right to possess the land, fails to maintain it properly or commits acts that lessen its worth. The tenant can be held liable for this waste....