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Topic 7 - Leases Flashcards

(5 cards)

1
Q

Define fixed term lease

A

Lease exists for a specifically define or fixed period of time

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2
Q

Define periodic tenancy

A

Lease that lets land for the period of time that rent is paid

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3
Q

Define Tenancy at Will

A

Tenant who remains in possession with the consent of the owner

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4
Q

Define Tenancy at Sufferance

A

Tenant who remains in possession without the consent of the owner

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5
Q

3 steps of Equitable Leases

A
  1. Walsh v Lonsdale
  2. Tenancy by Estoppel
  3. Part performance
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