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