9.1+Renting

A contract to rent real property, such as an apartment or a house, is called a lease. The person who rents the property is the tenant, or lessee. The person who owns the property is the landlord, or lessor. The terms of a lease lay out the rights and responsibilities of the tenant and landlord.

Tenants’ basic rights are:

Landlords’ basic rights are:

Landlords’ basic responsibilities are:

Transferring peaceful possession means the landlord is required to let the tenant use and enjoy the property without any interference.

Tenants’ basic responsibilities are:

Fixtures are personal property attached to real property, such as sinks, kitchen cabinets, and ceiling lights.

An eviction is when a landlord takes away a tenant’s possession of the property. You can be evicted for not paying rent, damaging the property, or violating conditions of the lease.

It is illegal for a landlord to evict a tenant by force. A landlord must first obtain a court order.

Types of Tenancies: 1.Tenancy for Years 2.Periodic Tenancy 3.Tenancy at Will 4.Tenancy at Sufferance

Tenancy for Years Needs to be in writing, rented out of property of a fixed period of time but must be definite. A tenancy of 100 years or more has the effect of the transfer of ownership to the tenant.

Periodic Tenancy Tenancy that continues for a fixed period of time which may be from year to year, week to week, or month to month. Each party may terminate by giving an advanced notice to either party, if notice is not given tenancy continues for the same period of time. State law establishes the required notice.

Tenancy at Will Is an interest in property that continues for an indefinite period of time. There is no writing necessary that is involved in this tenancy and can be ended if the landlord or tenant gives a notice of thirty days.

Tenancy at Sufferance This occurs when a tenant does not leave the premises when the tenancy expires. They no longer have the legal right to the property. They are not entitled a notice to vacate and they have to pay rent for the illegal occupancy