Landlord/ Tenant Flashcards
(14 cards)
Leasehold Estates
(1) Term of Years
(2) Periodic
(3) Tenancy at Will
(4) Tenancy at Sufferance
Term of Years Lease
Definite Beginning and End
(1) reversion back to L
(2) can be alienable, transferable
(3) ends automatically at the end of the term
Periodic Lease
fixed period & automatically continues until terminated
(1) ends only on last day of period
(2) notice equal to period/ 6 months
(3) notice -> wait period -> lease ends at end of period
Tenancy at Will
not fixed period; lasts as long as L/T desire
(1) Unilateral termination (both L & T have right)
(2) occurs when tenancy unknown
(3) includes leases that terminate at death
Tenancy at Sufferance
occurs at end of lawful tenancy holdovers
1) evict; OR
(2) consent to new relationship (under identical terms
Assignment
(1) mutual, immediate, & simultaneous interest b/w L & T
(2) head lease remains unless novation
(3) privity of estate between L & T2
Sublease
anything less than entire interest in property
(1) no privity of estate between L & T2
- 3rd party beneficiary relationship
(2) only privity of K if T1 agrees to head lease OR pays L directly
T1 has right of reentry
Approval Clause
MAJ
- may unreasonably withhold consent
MIN
- commercial justification jurisdiction
(1) financial resources; legality of proposed use; need to remodel
(2) not based on personal preference
Defaulting Tenant in Possession
CL -> L can use self-help
(a) peaceable; AND
(b) right of possession
enormous modern trend towards judicial assistance
Abandoning Tenant
L has K law duty to mitigate
(1) L can accept surrender
- ends tenancy
- damages = rent - FMV
(2) L can refuse surrender
- L must mitigate
- can sue later if damages exist
L Duty to Deliver Possession
English Rule
- MAJ
- actual possession
American Rule
- MIN
- legal possession only
Covenant of Quiet Enjoyment
(1) T not disturbed by anyone with superior title
(2) implied in residential/ commercial leases
Constructive Eviction
(1) Untenantable -> interfere with use of enjoyment
(a) T can abandon & stop rent
(b) Damages
(c) stay in possession -> sue L for decrease in value
Implied Warranty of Habitability
(1) from K
(2) all latent & patent defects
(3) cannot be waived
Damages
(a) stay in possession -> pay rent -> sue for damages
(b) rescind lease
(c) repair & deduct
(d) remain in possession & stop some/ all rent