A | B |
Lease | is the contract between a tenant and a landlord. |
Lessee | is the tenant in a lease |
Lessor | is the landlord in a lease |
Tenancy | an interest in the real estate they lease: leasehold estate |
A tenancy for years | is the right to occupy property for a definite of fixed period of time |
Periodic tenancy | is a tenancy that continues for successice fixed periods of time. |
tenancy at will | is an interest in real property that continues for a indefinite period of time. |
tenancy at sufferance | occurs when a tenacnt does not leave the premisis when the tenancy expires |
vacate | to make legally void |
terms in lease | known as covenants, set forth the rights and dties of the landlord and the tenant |
security deposit | in addition to the first month's rent, landlords often require a securtiey deposit and the last month's rent at the beginning of a tenancy |
assignment and subletting | occurs when you transfer the remaining period of time in a lease to someone else |
sublease | is the transfer of part of the term of a lease, but not the remainder of it, to someone else. |
assign | is to transfer to another. |
provision | a measure or requirement made beforehand |
landlord duties are | refraining for discrimination in renting property, maintaining the premises, and providing peaceful posession |
fixtures | are items of personal propery attached in such a way that they become real property |
eviction | occurs when a landlord deprives a tenant of the possession of the premises |
real property | is the ground and everything permanently attached to it |
estate | is the interest or right that a person has in real property |
permission | is a formal consent |
spouse | a marriage partner either a husband or a wife |
consent | is to give approval |
deed | is a written instrument that trnasfers title of ownership of property |
eminent domain | is the right of the government to take private land for a public purpose |