lease

Question 1

The landlord’s acceptance of rent usually is considered conclusive proof of acceptance of the ___

Answer 1

periodic tenancy

Question 2

Does not contain specific expiration date

Answer 2

Estate (tenancy) from period to period

Question 3

No notice is required to terminate the __ because the lease agreement states a specific expiration date.

Answer 3

estate for years

When the date comes, the lease expires, and the tenant’s rights are extinguished.

Question 4

If the original agreement provides for the conversion from an estate for years to a periodic tenancy, ___

Answer 4

no negotiations are necessary; the tenant simply exercises the option.

Question 5

If the original lease provides for an option to renew, no further negotiation is required; the tenant merely exercises the option.

Answer 5

estate for years

Question 6

characterized by continuity because it is automatically renewable under the original terms of the agreement until one of the parties gives notice to terminate

Answer 6

A periodic tenancy

Question 7

This estate can arise when a tenant for years fails to surrender possession at the lease’s expiration.

Answer 7

estate (tenancy) at sufferance

Question 8

Such a tenancy is created initially to run for a definite amount of time—for instance, month to month, week to week, or year to year—but the tenancy continues indefinitely until proper notice of termination is given

Answer 8

estate (tenancy) from period to period, or periodic tenancy

Question 9

An estate from period to period also might be created when a tenant with an estate for years remains in possession, or holds over, after the lease term expires. If no new lease agreement has been made, a ____ is created.

Answer 9

holdover tenancy

Question 10

Gives tenant right to posess property with landlords consent for an unspecified or uncertain term

Answer 10

Estate (tenancy) at will

Question 11

Continues for definite period, which may be months, weeks, years, or even days

Answer 11

Estate (Tenancy) for Years

Question 12

Tenant who lawfully possessed real property continues in possession of the premises without landlord’s consent

Answer 12

Estate (tenancy) at sufferance

Question 13

always has specific starting and ending dates

Answer 13

estate for years

Question 14

To terminate a periodic tenancy, normally the notice must be given at least ___??___

Answer 14

one period in advance.

For example, to terminate an estate from week to week, one week’s notice is required; to terminate an estate from month to month, one month’s notice is required. For an estate from year to year, however, the notice requirements vary from two months to six months. Many states have statutory notice requirements.

Question 15

An estate at will is automatically terminated by

Answer 15

the death of either the landlord or the tenant

Question 16

To terminate a periodic estate,

Answer 16

either the landlord or the tenant must give proper notice.

Question 17

__ is a tenancy of indefinite duration; it continues until it is terminated by either party giving proper notice.

Answer 17

An estate at will

Question 18

A lessee has the right to use the premises for the entire lease term and that right is unaffected by the original lessor’s death or the sale of the property, unless the lease states otherwise.

Answer 18

estate for years

Question 19

When the estate expires, the lessee is required to vacate the premises and surrender possession to the lessor

Answer 19

estate for years

Question 20

It may be created by express agreement or by operation of law.

Answer 20

estate at will