Topic 7 - Leases Flashcards
(5 cards)
1
Q
Define fixed term lease
A
Lease exists for a specifically define or fixed period of time
2
Q
Define periodic tenancy
A
Lease that lets land for the period of time that rent is paid
3
Q
Define Tenancy at Will
A
Tenant who remains in possession with the consent of the owner
4
Q
Define Tenancy at Sufferance
A
Tenant who remains in possession without the consent of the owner
5
Q
3 steps of Equitable Leases
A
- Walsh v Lonsdale
- Tenancy by Estoppel
- Part performance
