Understanding Holdover Dates
When a tenant wants to remain in a facility after the lease has expired, the lease becomes known as a holdover. You can extend the lease dates by several months or days for one or more holdover leases using the Update Holdover Dates program (R15090).
Note: To update records for all leases in
holdover status using the R15090 program, you change each lease's status to holdover
status on the Lease Master Revisions form and define the holdover code during data
selection.