Property > Landlord Tenant and Fixtures Flashcards
***P0023: If “L leases to T at an annual rate of $6,000, payable at $500 per month” is a month to month periodic tenancy created?
No.Although a lease at an annual rent, payable monthly creates a periodic tenancy, the majority view is that the tenancy is from year to year rather than month to month.
P0023: What is a periodic tenancy?
A periodic tenancy is a tenancy that continues from period to period until terminated by proper notice by either the landlord or the tenant
P0023: What three ways are periodic tenancies created?
It may be created in three ways: (i) by express agreement; (ii) by implication if a lease with no set termination date provides for the payment of periodic rent; or (iii) by operation of law if the tenant holds over or pays rent periodically under an invalid lease.
P0023: Must a lease be in writing?
If L orally leases to T “for the next few years” and accepts monthly rent payments, the lease is invalid because most states require that a lease creating a tenancy for more than one year be in writing to satisfy the Statute of Frauds However the tenant’s monthly payment of rent converts what would otherwise be a tenancy at will, terminable at the will of either the landlord or the tenant, into a month-to-month periodic tenancy.
P0023: What type of lease is “L leases to T from month to month”?
Month-to-month periodic tenancy by express agreement.
P0023: What type of lease is “L leases to T at a rent of $500 per month”
A month-to-month periodic tenancy by implication because the lease reserves a monthly rent. .
***P0084B: Absent an express agreement, if a tenant has affixed chattels to leased premises, when must she remove them to ensure they do not become the landlord’s property?
If the duration of the tenancy is definite, the tenant must remove annexed chattels before the tenancy terminates.
P0084: What is a fixture?
A fixture is a chattel that has been so affixed to the realty that it has ceased being personal property and has become part of the realty.
***P0026A: What type of waste results when a tenant intentionally or negligently damages the leased premises?
Voluntary waste.Also occurs when tenant exploits minerals on a property, unless lease provides tenant may do so.
P0026A: What are the three types of waste
- Voluntary2. Permissive3. Ameliorative
P0026A: What is permissive waste?
Tenant fails to make ordinary repairs to keep in same condition.
P0026A: What is ameliorative waste?
Alterations that substantially increase the value of the property.
***X: List all the remedies a landlord has when a tenant defaults on a rent obligation.
- Sue the tenant for rent2. Evict the tenant3. Deduct the unpaid rent from the security deposit.
X: Can a landlord seize a tenant’s chattels without notice as security for unpaid rent?
NoCalled right of distress
***P0022: What is a tenancy for years?
It is a tenancy that continues for a fixed period of time, until it automatically expires WITHOUT landlord or tenant giving notice.Can be for more or less than a year. Must have a fixed period or termination date.