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Flashcards in Chapter 6 Deck (10)
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1
Q

TF? Distress is an effective remedy for landlords of residential premises for the non payment of rent by their tenants

A

While effective for commercial landlords, section 26(3) of the Residential Tenancy Act abolishes this remedy for non-payment of rent in residential tenancies

2
Q

A landlord may end a periodic tenancy if he or she intends, in good faith, to occupy the premises, by providing the tenant with __ months notice

A

two

3
Q

TF? A landlord of residential premises ay collect up to one half of one months rent as a security deposit

A

True

4
Q

In a periodic tenancy, what occurs on the last day of the term?

A

The tenancy automatically renews itself on the last day of the term for a further term of the same duration until terminated by either party.

5
Q

Lease facts

A

granting lease: lessor
receiving lease: lessee
A lease grants exclusive possession of land to another
A lease extends over a specified term

6
Q

A tenancy at will is a tenancy where the tenant with the consent of the landlord, occupies property as a tenant for a term which can be ___ by either party at __ __.

A

terminated

any time

7
Q

A ____ is a lease by which a tenant grants to a third party an interest in property less than his or her own interest under the original lease

A

sublease

8
Q

In legal terms, what does it mean to assign something?

A

To assign is to transfer over to another

9
Q

What is a tenancy agreement?

A

the term used in the Residential Tenancy Act to refer to a contract between a land lord and a tenant, pertaining to the letting of residential premises

10
Q

Facts about distress in commercial tenancies

A

The landlord is bale to seize and sell a tenant’s personal property.
It is a legal term used to recover arrears of rent.