leasehold estates Flashcards

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1
Q

leasehold estate

A

an estate in which the tenant has a present possessory property interest and the landlord has a future interest (reversion)

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2
Q

types of leasehold estates

A

1) tenancy for years
2) periodic tenancy
3) tenancy at will
4) tenancy at sufferance

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3
Q

tenancy for years

A

lasts for a fixed period of time; terminates automatically at end of fixed period

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4
Q

periodic tenancy

A

leasehold that is continuous for successive intervals (e.g. weeks or months) until other party gives notice of termination

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5
Q

creation of periodic tenancy

A

1) express
2) implied
3) operation of law (either tenant takes possession despite invalid lease or if landlord accepts rent from a holdover tenant)

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6
Q

termination of periodic tenancy

A

tenant must give proper notice, which requires sufficient time (one full period in advance) and effective date

parties can agree to modify these requirements

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7
Q

tenancy at will

A

tenancy with no fixed duration, terminable by either party at any time w/o notice

created by express agreement

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8
Q

termination of tenancy at wil

A

1) by will
2) by operation of law (death, waste by tenant, assignment by tenant, transfer of title by LL, lease by LL to a third party)

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9
Q

tenancy at sufferance

A

default tenancy that arises when a tenant continues to possess property after the lease expires (i.e., a holdover tenant)

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10
Q

landlord options for tenancy at sufferance

A

1) sue to evict
2) impose a new periodic tenancy (must be reasonable)

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11
Q

tenant duties at common law

A

1) duty to repair; must not commit waste
2) duty to pay rent
3) duty to not use property for illegal purposes
4) liability to third parties in tort

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12
Q

fixture

A

once-movable chattel that is affixed to real property such that it becomes part of the realty

intent controls; chattel integrated into a structure almost always becomes a fixture

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13
Q

tenant removal of fixtures

A

tenant may remove chattel she installed if:
1) removal occurs before lease expires, and
2) removal does not cause substantial harm to the property

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14
Q

landlord remedies for tenant breach if tenant retains possession

A

LL may:
1) file for notice of eviction, or
2) continue the lease and sue for rent due

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15
Q

landlord remedies for tenant breach if tenant abandons premises

A

LL may:
1) surrender and release tenant from lease
2) ignore (minority rule) and hold tenant liable for unpaid rent
3) re-let (majority rule); lease premises to new tenants and hold breaching tenant liable for any losses

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16
Q

landlord duties and warranties

A

1) duty to deliver possession on first day of lease (majority = actual possession; minority = legal possession)
2) implied covenant of quiet enjoyment
3) implied warranty of habitability (residential only)
4) tort liability

17
Q

implied covenant of quiet enjoyment

A

a tenant has an implied right to quiet use and enjoyment of the premises, without interference from LL

breach may occur by actual or constructive eviction

18
Q

actual eviction

A

LL wrongfully evicts or excludes tenant from property

19
Q

constructive eviction elements

A

1) breach of duty
2) substantial interference
3) notice
4) vacate

20
Q

implied warranty of habitability

A

property must be fit for basic human dwelling

residential property ONLY; cannot be modified by lease terms

21
Q

breach of implied warranty of habitability - tenant remedies

A

after giving notice to LL, tenant can:
1) move
2) repair and deduct costs from future rent
3) reduce/withhold rent
4) remain in possession and seek $$$ damages

22
Q

landlord tort liability

A

1) common areas - reasonable care
2) latent defects - duty to disclose
3) assumption of repairs - negligence
4) public use - liable for known defects
5) seasonable or short term lease of furnished dwelling

23
Q

assignment

A

entire leasehold transfers from tenant to assignee

assignee owes rent directly to LL, but assignor remains liable for unpaid rent unless LL expressly releases tenant

24
Q

sublease

A

partial leasehold transfers from sublessor to sublessee; sublessee is not liable to LL for rent and is not bound by any lease covenants unless expressly assumed