leasehold Flashcards
true or false - the landlord of a leasehold estate will always be the owner of the freehold estate from which the lease is granted from
false -
a client owns a block of flats which has four separate flats. the client sells flat one and two then rents flats three nd four to separate families for a term of one year. but it can automatically renew until either party gives notice to vacate.
true or false - privity of estate refers to the people who are the original parties to the lease. they are the only ones who can sue or be sued following any breah of the clauses in that lease.
a landlord granted a lease in december 1999. he is now selling his freehold reversion and wishes to be released from any future liability under the lease. how much notice does he have to give to the current tenant to be relased from his liability in this way.
true or false - a landlord can apply to terminate a lease by way of surrender.