Unit 1 Chapter 21 Review

Question 1

Name the four types of leaseholds.

Answer 1

Estate for years
Estate for period
Estate at will
Estate at sufferance

Question 2

Which leasehold has a beginning and end date, does not require notice to terminate at the end of the term, and does not have an automatic renewal?

Answer 2

Estate for years

Question 3

Residential leases are usually what type?

Answer 3

Gross leases

Question 4

List the eight covenants or provisions that constitute agreements or promises in a lease.

Answer 4

Capacity to contract, demising clause, premises description, clear statement of term, rent, in writing, signatures, delivery

Question 5

List seven causes for lease termination.

Answer 5

Expiration of term, notice by either party, voluntary agreement by both parties, destruction of the property, condemnation or eminent domain, foreclosure, abandonment by tenant

Question 6

What are the steps for eviction of a tenant who has defaulted on the lease.

Answer 6

Serve tenant with 10-day notice, have court establish right to possession and give notice to vacate, have Sheriff serve notice to vacate, have Sheriff physically remove tenant