Asked by
Hadeel Ayyad
on Nov 10, 2024Verified
Which of the following is false with regard to the law of landlord and tenant, lessor and lessee?
A) A lease agreement is a contract that grants an estate in land; i.e., it gives the lessee exclusive possession for a period of time.
B) If a commercial lessee defaults on his rent, the lessor has the power to seize the lessee's property left on the premises.
C) Residential properties are governed by provincial statute and vary from jurisdiction to jurisdiction.
D) A tenancy is primarily contractual and therefore does not "run with the land," so it does not bind a purchaser of the building.
E) The law of frustration applies to residential leases.
Estate in Land
The degree, quantity, nature, and extent of interest a person has in real property, which can range from full ownership to temporary rights.
Lease Agreement
A contract outlining the terms under which one party agrees to rent property owned by another party.
Lessor
The party in a lease agreement that owns the leased property and grants its use to another party, known as the lessee, for a specified period.
- Determine the jurisprudential duties of property owners and renters in different situations.
Verified Answer
IT
Learning Objectives
- Determine the jurisprudential duties of property owners and renters in different situations.