Chpt. 7 Commercial Land Transactions Flashcards

1
Q

When can LO discriminate?

A

when unit is in building w/ 4 or less units

single family home owned by LO if they have fewer than 3 house and does not use a broker

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2
Q

5 elements to burden shift discrimination system

A
  1. protected class
  2. LO K or SHK
  3. P qualified to rent/ purchase
  4. P rejected
  5. property remained available after rejected
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3
Q

term of years tenancy

A
  • fixed, agreed upon duration

- T’s possessory rights expire automatically at the end of the term

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4
Q

periodic tenancy

A
  • auto-renewal for successive periods unless L or T notify or terminate
  • requirement period= 1 payment period
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5
Q

tenancy at will

A
  • no fixed end
  • as long as both parties want
  • notice= one rental period
  • auto-terminate if either party dies, T abandons, or LL sells property
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6
Q

tenancy at sufferance

A

-T holds over: continues to occupy after right of possession ends
-LL can treat T as trespasser and evict
OR can renew term of original lease

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7
Q

English Rule: delivering possession

A

when lease is silent on point, LL must deliver actual possession of the premises at the beginning of the term

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8
Q

constructive eviction

A

wrongful conduct by LL that substantially interferes with tenant’s beneficial use and enjoyment of leased premises

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9
Q

implied warranty of habitability

A

(residential only)

T can escape lease b/c of unlivable conditions unless LL fixes in reasonable time

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10
Q

remedies for breach of IWH

A
  • w/hold rent
  • repair and deduct
  • may vacate
  • decrease % of FMV decrease
  • sue for damages
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11
Q

Privity of T’s interest

A

permissible UNLESS constrained by the lease

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