NCh2 Lease Clauses, Provisions And Terms

Question 1

A landlord is usually prohibited from entering leased property unless there is a need for maintenance, inspections, or emergency response. This is called the

Answer 1

Covenant of quiet enjoyment

Question 2

The tenant having the right to match or better any offer before the property is sold to someone else is the

Answer 2

Right of first refusal

Question 3

The transfer of some or all of the rights and/or leased space under a lease to another, with liability, remaining with the original tenant is called

Answer 3

Subletting

Question 4

The transfer of all rights and liabilities to a new tenant under an existing lease is called

Answer 4

Assignment

Question 5

Forcible entry and detainer, or an action of forcible detainer, is the legal term for

Answer 5

Eviction

Question 6

When the lease comes to an end of the negotiated term or lease period, this is called

Answer 6

Termination

Question 7

When a lease is terminated by the agreement of the parties. In the eyes of the law, there is no default, no breach and no injured party. In other words, there is no lawsuit. This is called

Answer 7

Mutual rescission

Question 8

This occurs when a landlord is aware of a property condition and allows deterioration to the point that the building is uninhabitable, and the tenants are forced to leave. This is called

Answer 8

Constructive eviction

Question 9

When a property owner sells a property to an investor or lender and then leases it back. Therefore, the seller occupies the property after closing. This is called

Answer 9

Sales and leaseback