Asked by
Marisleysis Majurie
on Dec 18, 2024Verified
Jarone rents office space from Axwood. A tornado demolished the building where Jarone rents space. What likely happens to the lease between Jarone and Axwood?
A) Axwood must restore and repair the premises.
B) Jarone is released from paying rent during the time that Axwood must restore and repair the premises.
C) Axwood is responsible for finding alternate housing for Jarone.
D) The lease is terminated, and Jarone is released from paying rent.
E) The lease is not terminated, but Jarone is released from paying rent.
Lease Termination
The process or act of ending a lease agreement before its agreed-upon expiration date, either through mutual agreement, breaching the contract, or statutory provisions.
- Comprehend the fundamentals and repercussions of eviction, encompassing both constructive and partial eviction.
Verified Answer
KR
Learning Objectives
- Comprehend the fundamentals and repercussions of eviction, encompassing both constructive and partial eviction.
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