LL & Tenants Property

Description

Both MBE & Tx LL & T
Erika  Lopez
Flashcards by Erika Lopez, updated more than 1 year ago
Erika  Lopez
Created by Erika Lopez about 7 years ago
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Question Answer
Tenancy for Years 1. A tenancy that lasts for some fixed period of time. 2. Key Phrase: Specified Time 3. Ex: To T for 10 years 4. Terminates at the end of the stated period w/o either party giving notice
Periodic Tenancy 1. Tenancy for some fixed period that continues for succeeding periods until either party gives notice of termination 2. Key phrase: Repeating 3. Ex: T from month to month 4. Terminates by notice from 1 party at least equal to the length of time period. Only 6 mos for year to year
Creation of periodic tenancy 1. Express Agreement 2. By Implication= Lease is silent to duration but implied by terms given. Term presumed by rent pymt. 3. Operation of law (i) Oral lease-violating SOF (ii) Holdover Tenant
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