CONTINUATION OF SU 3 Flashcards
(9 cards)
TERMINATION OF A LEASE:
- Effluxion of time
- By notice
- Death
- Insolvency (of the lessor and lessee)
- Dissolution of partnerships
RENEWAL OF LEASE AND “RELOCATION”:
- By agreement
-if the parties decide to renew the lease agreement in respect the same property this is called relocation - by operation of law
WHAT IS A SUB-LEASE?
(definition the same as a lease of things):
is a reciprocal agreement in terms of which one party, the sub-lessor, undertakes to confer upon another party, the sub-lessee, the temporary use and enjoyment of a particular thing in exchange for counter-performance.
CESSION:
is where a lessee transfers her rights against the lessor to a third party.
DUTIES OF THE LESSOR:
- delivery of the leased property
- maintenance of the leased property
- ensuring the lessee’s undisturbed use and enjoyment of the leased property
- compensation for attachments and improvements
REMEDIES OF THE LESSEE:
- Specific performance
- Rescission
- Damages
- Reduction of rent
- Lessee herself undertakes repairs.
RULE HUUR GAAT VOOR KOOP:
means that the lease takes precedence over sale.
-applicable to also donations and bequests.
The Placaten of 168:
only applicable to rural lands.
DUTIES OF THE LESSEE:
- payment of the rent
- proper use of the leased property.
- return of the property on termination of the lease.