MEE PROPERTY RULES Flashcards

1
Q

Tenancy in Common

A

default estate between 2+ people.

  1. separate but undivided interest
  2. right to possess and enjoy the entire property; and
  3. right to transfer their interest in the property freely during their lifetime or at death.
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2
Q

Joint Tenancy & the right of survivorship

A

two or more people, right of survivorship

1 - clear expression of intent to create joint tenancy; and
2 - uses survivorship language.

PITT must be in place to create JT;
Possession: right to possess/enjoy property
Interest: equal share of same type of interest
Time: acquire at same time
Title: same interest of title.

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3
Q

Severance of Joint Tenancy

A

If any part of PITT is severed, creates tenancy in common if 2 JTs.

If 3 JTs, JT remains with the other tenants not involved while the 3rd party is TIC

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4
Q

JT granting mortgage interest in JT?

A

lien theory jx (majority): mortgage is treated as a lien, doesn’t destroy JT

title theory jx (minority): mt will terminate JT, and tenants hold as TIC

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5
Q

Expenses/Payments/Costs

A

operating expenses: divided & must be necessary

rent: divided between owners after minusing operating exp.
improvements: not divided, but can get credit for repairs in a partition action.

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6
Q

Ouster

A

if a cotenant denies access. other cotenant can: injunction or damages.

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7
Q

leasehold interest

A
possessory estate:
tenancy for years
periodic tenancy
tenancy at will
tenancy at sufferance
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8
Q

tenancy for years

A

fixed / ascertainable time

auto terminates when expires

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9
Q

periodic tenancy

A

repetitive & ongoing for a set period of time until terminated by proper notice.

proper notice: m-2-m must be month before. y-2-y six month.

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10
Q

tenancy at will

A

continues until terminated. can be terminated without notice. death terminates.

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11
Q

tenancy at sufferance

A

tenant refuses to leave. creates temporary tenancy.

  1. landlord can evict
  2. landlord can re-lease; or
  3. tenant voluntarily leaves.
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12
Q

duty to pay rent

A

unless:

  1. premises are destroyed
  2. partial eviction; or
  3. material breach on LL’s part.
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13
Q

implied warranty of habitability

A

implied in every residential lease (not commercial)

reasonably suited for basic human needs. not waivable.

tenant may upon breach:

  1. vacate
  2. withhold rend
  3. remedy and offset costs or
  4. defend against eviction
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14
Q

Implied covenant of quiet enjoyment

A

prevents LL from making premises unsuitable resulting in constructive eviction.

constructive eviction:

  1. LL caused unsuitable premises
  2. T notified L
  3. L did not fix problem; and
  4. T vacates after reasonable time
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15
Q

assignment vs. sublease

A

assignment: complete transfer of remaining term. LL can collect from assignee (privity of estate ) or OG tenant. (privity of K)

Sublease: transfer of less than T’s entire remaining term. LL can only collect from T bc of privity of estate + k.

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16
Q

duty to mitigate

A

LL has duty to mitigate and make reasonable efforts to re-rent property (majority rule)

minority: no duty to mitigate damages.