Ch 34 The tenancies in real estate Flashcards
1
Q
The four types of tendencies are:
A
- Fixed – term tendencies,
- periodic tenancies,
- tendencies – at – will, and
- tenancies – at – sufferance also called hold over tenancies
2
Q
Trespasser
A
A person who occupies a property without the owners transfer of the right to occupy.
3
Q
Unlawful detainer UD
A
The unlawful possession of the property.
4
Q
Lease agreement
A
The written document which that’s the terms of a fixed – term tenancy.
5
Q
Rental agreement
A
The written document which that’s the terms and conditions of a periodic tenancy.
6
Q
Holdover tenant
A
A tenant who retain possession of the rented premises after the right of possession has been terminated, called a tenant – at-sufferance.
7
Q
Holdover rent
A
Rent owed by a holdover tenant for the tenants Unlawful detainer of the rented premises as a tenant – at – sufferance.