Leases Flashcards
Formalities to create a lease
If 3 years or less then parol lease and no formalities
If more than 3 years need a deed for a legal lease
Can a lease be created orally
Only a parol lease
When can a lease be equitable due to failure of formalities
Contract to transfer land
Attempt to create a deed but not valid so find a contract
Essential requirements of a lease
Specific duration
Exclusive possession
Correct formalities
Is rent necessary to create a lease
No
Can a license be assigned
No
Can you create a lease for life
No this would create a lease for 90 years ending on death of tenant
What is a break clause
A fixed term tenancy with a contractual right to bring it to an end
When does T have exclusive possession
When in general control even if contract tries to exclude it
Is a lease created if employer lets employee live with them
No just a licence
Can a legal periodic lease be inferred
Yes
Is a parol lease legal or equitable
Legal
Implied covenants
Quiet enjoyment and fitness of property
What is quiet enjoyment
Ts possession of land will not be substantially interfered with by acts of L
Can L interfere with Ts peace or comfort to encourage them to leave
No this is an offence
Ls obligations re dwelling houses
Keep on repair structure, exterior and installations of water gas electric sanitation and heating