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Real Property Leases
Terms in this set (20)
A lease for a six-month term would be classified as a:
tenancy for years
The tenant lease a property from the landlord for a one-year term from January through December. The tenant transfers his interest to a friend for the month of June while he will be traveling for business reasons. The tenant:
has sublet the property.
A tenant signs a one year lease for an apartment unit. After 3 months, the tenant is transferred to a different city by his company and asks to be released from the lease. The landlord agrees. This is called:
a surrender and acceptance
The term "lessor" is used to describe:
A month to month tenancy is classified as:
a periodic estate
An owner sells his property. There is no clause in the lease that covers the situation. What happens to the existing lease?
The lease must be honored by the new owner.
If the rental payment date is not stated in the lease. the rental payment is due on the:
last day of the lease term
In IL, an oral lease for a term of one year is:
A tenant is delinquent on her rent payment for an apartment located in IL. The lessor desires to terminate the lease. The lessor should give the tenant a:
A lease is automatically terminated by:
The taking of the property under eminent domain for the purpose of constructing and artificial lake.
A tenant rented an apt. from an owner. The lease has expired. The owner asks the tenant to vacate the premises, and the tenant refuses. The tenant is occupying the apartment as a:
tenant at sufferance
Which of the following is enforceable through court?
An oral month to month lease
A lease conveys the right of possession and use to the:
A valid, written lease will be terminated by:
court eviction of the tenant
A tenancy for years"
requires no notice to terminate
A right of possession for a fixed term that allows for automatic renewals for additional terms is called:
a periodic tenancy
A rental contract gives the tenant
right of possession
Failure to pay rent would be ground for:
A written lease for six months, with no option for renewal, is classified as:
An estate for years.
Upon termination of a rental contract:
possession is returned to the lessor
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