Divided and Shared Property Interests Flashcards

1
Q

What are the types of tenancy?

A
  • Term of years (specified period)
  • Periodic Tenancy (renews automatically)
  • Tenancy at will (periodic can be ended at will)
  • Tenancy at sufferance (tenant improperly there)
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2
Q

What are the rights and duties of tenants?

A
  • Right to receive possession of the premises at the beginning of the lease
  • Right of Quiet Enjoyment (implied)
  • Right to Habitable Premises (implied)
  • Right to receive visitors (Cannot be waived)
  • Right to live with spouse/partner and any children (No right to have pets)
  • Duty to pay rent
  • Duty to give back possession at the end of the lease
  • Duty to repair premises/ duty not to create waste (must leave the property in basically the same condition they received it in, normal wear and tear excluded)
  • Duty to give reasonable consent (cannot unreasonably withhold consent from the landlord to enter the premises)
  • Duty not to be a nuisance
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3
Q

What are the rights and duties of landlords?

A
  • Right to receive rent.
  • Right to gain/ retake possession of the premises at the end of the lease
  • Right to receive the premises in the same condition as they were at the start of the lease, minus normal wear and tear
  • Right to access the premises to: (1) Inspect, (2) Repair, (3) Make Improvements, (4) Show the Unit, (5) Supply Services
  • The landlord must give two days notice of entry, unless there is an emergency
  • Duty to deliver the premises at the start of the lease
  • The landlord must deliver actual possession of the premises
  • The landlord is in breach if he doesn’t evict the hold-over tenant by the beginning of the new tenant’s term
  • If the landlord doesn’t deliver actual possession, the tenant may be entitled to damages
  • Duty to enforce the (a) right of quiet enjoyment and (b) right of habitability
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4
Q

What is waste?

A
  • Tennant has an obligation to leave the property in basically the same condition minus normal wear and tear
  • Anything beyond that is waste
  • Three types:
  • -Voluntary: waste caused by deliberate, affirmative acts of the person in possession of the property
  • -Permissive: waste caused by neglect, apathy, or ignorance - when the possessor lets the property deteriorate from natural causes
  • -Ameliorative: non-permissible improving or adding to the property - when the value of the property is enhanced, but the improvement is still prohibited
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5
Q

What is an assignment?

A
  • A way for a tenant to transfer the lease
  • Conveyance of the entire property
  • Covenants go along with the property to the new tenant including duty to pay rent, and T2 comes into privity with the landlord so landlord can sue for rent
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6
Q

What is a sublet?

A
  • A way for a tenant to transfer the lease
  • Landlord can’t go against T2 for rent (unless third party beneficiary theory) because:
  • -No contract with T2 (contract is with T1)
  • -No privity of estate with T2 (remains with T1)
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7
Q

What is rent?

A
  • A contractual term and a covenant that runs with the land

- Failure to pay rent is a material breach that terminates the lease

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8
Q

What is Eviction and what are the types of Eviction?

A
  • Eviction is allowed if a tenant violates a material provision of the lease
  • Non-renewal is generally allowed, except where limited by statute or public policy, or if motivated by retaliation or discrimination
  • Actual Eviction: when the landlord excludes the tenant from the leased premises. (e.g. changing locks on doors)
  • -This terminates the tenants duty to pay rent.
  • Constructive Eviction: if the premises are not habitable/ there is no quiet enjoyment then the tenant does not have to pay rent
  • -Damages: duration of the constructive eviction x the amount of use impaired.
  • Retaliatory Eviction: eviction motivated by a desire to punish a tenant for permissible acts
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9
Q

What is a holdover tenant?

A
  • A tenant that stays past the lease but continues to pay rent
  • Landlord may accept payment as renewal
  • Automatic with acceptance of rent depending on jurisdiction
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10
Q

What is tenancy in common?

A
  • Each tenant may have different interests
  • Right to posses the entire parcel (even if you don’t use it)
  • Right to have your interest inherited upon death
  • No right of survivorship
  • Right to transfer/ lease
  • Leases generally survive after the death of a tenant in common.
  • If the language is ambiguous, Tenancy in Common is the default
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11
Q

What is joint tenancy?

A
  • Need Four Unities:
  • -Time: the interests of the joint tenants must have been created at the same time
  • -Title: the interests must have been created by the same instrument or title
  • -Interest: each tenant must own an equal interest in the property, which is undivided
  • -Possession: all tenants must have a right to possession of the entire parcel
  • If one of the unities is broken the joint tenancy is broken, becomes TinC
  • Four Unities applies to original tenants
  • Encumbrances don’t survive death
  • Divided among surviving owners upon death
  • Requires magic words like “with right of survivorship”
  • Can’t have JT alone
  • Lease can sever JT by taking away one of the four unities
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12
Q

What is tenancy by the entirety?

A
  • Basically the same as Joint tenancy, except only for married couples
  • Can be severed by divorce, death, and agreement of both spouses, or partition, but NOT sale
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13
Q

What is right of survivorship?

A
  • When a tenant dies his property interest is immediately transferred the other joint tenants
  • Right to encumber your interest
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14
Q

What is Partition?

A
  • A way of severing a tenancy
  • Two kinds:
  • -Partition in kind: putting a wall or divide up
  • -Partition by sale: sell and divide profits
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15
Q

What is Ouster?

A
  • A way of severing a tenancy
  • Forcibly keeping the other co-owners/ tenants out of the property (e.g. changing the locks)
  • Constructive Ouster: occurs when it is impracticable or impossible for all co-owners to occupy the same land (effectively exclusion)
  • The ouster must pay the other co-owners rent, unless the expenses > rent value, then they have to contribute
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16
Q

What is FSA?

A
  • Fee Simple Absolute

- Final step in future interests

17
Q

What is FSD?

A
  • Fee Simple Determinative
  • Triggers: so long as, unless, during
  • In grantor: possibility of reverter
  • Automatic
  • AP clock starts running immediately
18
Q

What is FSSCS?

A
  • Fee Simple Subject to Condition Subsequent
  • Triggers: but if, on condition, provided that… O shall have right of reverter
  • Future Interest In Grantor: right of (re)entry
  • Must assert
  • -AP clock starts running upon assertion
19
Q

What is FSSEL?

A

-Fee Simple Subject to an Executory Limitation
-Future Interest Third Party: Executory Interest
-Triggers: so long as, until, while, during, provided that, but if, on the condition
that
-Automatic
-Either Shifting or Springing
–Shifting: if condition broken, then to third party
–Springing: in X amount of time

20
Q

What is LE?

A
  • Life Estate
  • Future Interest In Grantor: Reversion
  • Future Interest Third Party: Remainder (Vested or Contingent)
21
Q

What is LED?

A
  • Life Estate Determinable
  • Future Interest In Grantor: Reversion
  • Future Interest Third Party: Remainder (Vested or Contingent)
22
Q

What is LESCS?

A
  • Life Estate Subject to Conditions Subsequent
  • Future Interest In Grantor: Reversion
  • Future Interest Third Party: Remainder (Vested or Contingent)
23
Q

What is the Rule Against Perpetuities (RAP)?

A
  • “No interest is good unless it must vest (if at all) no later than 21 years after the death of some life in being at the creation of the interests”
  • Only applies to Executory Interests and Contingent Remainders
  • Modification Rules:
  • -Wait and See Approach
  • -Cy Pres
  • -90 year approach
  • -Statutory cut-offs
  • -Marketable Title Acts
24
Q

What is a Vested Reminder?

A
  • Three types
    1) absolutely vested (no uncertainties remaining)
    2) Vested remainder subject to open (condition is met but class may be open in the future)
    3) Vested subject to divestment (very similar to contingent remainder)
25
Q

What is a Contingent Remainder?

A
  • Two situations:
    1) class of people entitled to the remainder not known at the outset of the conveyance
    2) remainder will take effect only upon happening of a condition
  • Has destructibility rule:
  • -D: O has reversion in FSA
  • -I: O has reversion in FSSEL, B has EI in FSA
26
Q

What happens when a Tenant wants to break the lease?

A
  • The landlord can accept surrender, and the tenant is liable for damages
  • -Damages: Old Tenant’s Rent – The Fair Market Value + the reasonable costs of finding a new tenant.
  • The landlord can NOT accept surrender, and the tenant is liable for remaining rent
  • -Duty to Mitigate Damages: the landlord must make reasonable efforts to try and find a new tenant
  • The landlord can NOT accept surrender, but get a new tenant
  • -This means that the old tenant is only liable for the difference between the old tenant’s rent and the new tenant’s rent + the reasonable costs associated with finding a new tenant
27
Q

What are the defenses for failure to pay rent?

A
  • Constructive Eviction
  • Breach of Covenant of Quiet Enjoyment
  • Breach of Warranty of Habitability
  • Discrimination