Leaseholds

Question 1

The tenancy for years

Answer 1

is for a
fixed, determined period of time. That period could

Question 2

THE PERIODIC TENANCY

Answer 2

is a lease which continues for successive intervals
(for example, month to month) until either the landlord or the tenant
gives proper notice of termination.

Question 3

THE TENANCY AT WILL

Answer 3

must be created by an express agreement
that the lease can be terminated at any time. Unless the
parties expressly agree to a tenancy at will, the payment of regular
rent will cause a court to treat the tenancy as an implied periodic
tenancy. If the lease

Question 4

THE TENANCY AT SUFFERANCE

Answer 4

is created when a tenant wrongfully holds
over, meaning they remain in possession past the expiration of the
lease.

Question 5

Transfers of lease

Answer 5

Assignment or Subkeass

Question 6

Sublease

Answer 6

The tenant has retained some part of the rem

Question 7

Assignment

Answer 7

a transfer of the entire remaining term of a lease. After assignment, the
original tenant is no longer in privity of estate with the landlord, but
their lease contract remains in effect and enforceable.