Business Law II: Rental Agreements
Name
Chapter 9.1 Vocabulary
1. Lease2. Lessee3. Lessor4. Tenancy-
Types of Tenacities
1. Tenancy for Years-
a. Explain the requirements some states have in terms of Tenancy for Years:
2. Periodic Tenancya. How can this type of tenancy be terminated?
3. Tenancy at Willa. When does this tenancy end?
4. Tenancy at sufferancea. They no longer have _____________ ______________ to the property.
Lease Agreement
1. Terms-
2. Tenant Rights-
3. Landlord Rights-
4. Security Deposit-
5. Assignment-
6. Sublease-
7. Options to Renew-
Responsibility of the Landlord Notes
1. Refrain from Discrimination-
2. Maintain Premise-
3. Transfer Peaceful Possession-
Tenants Duties and Obligations Notes
1. Abide by the terms of the lease-
2. Avoid waste-
3. Return fixture-
Eviction-
Tort Liability-
When are the landlords are held liable?
When are the tenants held liable?