CHAPTER 16

Question 1

WHEN A TENANT VACATES A PROPERTY BECAUSE THE LANDLORD FAILED TO PROVIDE ESSENTIAL SERVICES

Answer 1

CONSTRUCTIVE EVICTION

Question 2

A LEASEHOLH INTEREST FOR A FIXED PERIOD OF TIME WITH DEFINITE BEGINNING AND ENDING DATES, MUCH LIKE A LEASE

Answer 2

ESTATE FOR YEARS

Question 3

AN INDEFINITE LEASEHOLD, VERY INFORMAL, DEATH OF EITHER PARTY WILL TERMINATE

Answer 3

ESTATE AT WILL

Question 4

ALSO KNOWN AS A PERIODIC TENANCY OR A TENANCY FROM YEAR TO YEAR, SIMILAR TO A MONTH TO MONTH RENTAL AGREEMENT

Answer 4

ESTATE FROM PERIOD TO PERIOD

Question 5

A LEASE DESIGNED TO FACILITATE AND PRIOR TO THE ULTIMATE PURCHASE OF THE PROPERTY

Answer 5

LEASE PURCHASE

Question 6

A LEASE WHERE A TENANT LEASES SPACE TO A SUB-TENANT AND REMAINS RESPONSIBLE FOR THE LEASE PAYMENT PAYMENT TO THE LANDLORD

Answer 6

SUB LEASE

Question 7

WHEN THE TENANT REMAINS IN POSSESSION WITHOUT THE LANDLORD PERMISSION

Answer 7

ESTATE AT SUFFERANCE

Question 8

A LEASE COMMON IN RETAIL WHERE THE TENANT PAYS A BASE RENT PLUS SOME PERCENTAGE OF SALES

Answer 8

PERCENTAGE LEASE

Question 9

A LEASE WHERE THE TENANT PAYS A FIXED AMOUNT AND THE OWNER PAYS ALL PROPERTY EXPENSES

Answer 9

GROSS LEASE

Question 10

THE LANDLORD, GIVER OF THE LEASE, HAS A LEASED FEE ESTATE

Answer 10

LESSOR