Leases And Tenancies Flashcards
What kind of land transaction is usually but not necessarily for consideration?
Lease
What case defined a lease
Presidential Assurance co. V. London residuary body
Who pays the ground rent
The lessor pays ground rent to the governor
What rent does a lessee pay to a lessor for the occupation of property?
Rack rent or economic rent
what section provides for the power to impose ground rent and the obligation of a lessor to pay?
Section 5 (1) (c) of the land use act provides for the power to impose ground rent, and section 10 (b) of the land use act hey provides for the implied obligation of a lessor to pay
The rent review clause is stated in the……
Redendum
What section provides for the statutory notices for the different kinds of tenancies
Section 13 of the Tenancy Law of Lagos State
What section permits the creation of a parole lease
Section 3 of the Statute of Frauds Act
What section provides for the inability of an infant to create a lease
Section 7 of the Land Use Act
What case provides for where a body who is not a juristic or natural person is not allowed to create a lease
Idowu v. Williams
What are the essentials of a valid lease
- Ceratinty of parties
- Certainty of property
- Certainty of terms
- Exclusive possession
- Proper form
What case provides for certainty of property
Yakubu v. Kaduna furniture carpet
What case provides for certainty of term
Lace v. Chatler
What case provides for certainty of term where a term may be dependent on the occurrence of a future contingency?
Bosah v. Oji
What section of the law provides for a licensee
Section 47 of the Tenancy law of Lagos State
What case provides for assignment of lease
Nwakpa v. Nwogu
A grant of a right of occupancy constitutes….. between the state and the holder of the right
A leasehold