Lesson_20 - Printable Lesson Materials Print these...

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Printable Lesson Materials 13218 NE 20th Street Bellevue, WA 98005 425-747-7272 800-221-9347 www.rockwellinstitute.com Print these materials as a study guide This portion of your printable materials consists of dozens of frames that summarize the content in this lesson. The frames are arranged on the page to make it easy for you to study the material and add your own notes from your textbook or the online course. Graphic Summaries Many students learn best from sets of questions, and this multiple choice quiz allows you to focus your review of the material to important topics. Quizzes These printable materials allow you to study away from your computer, which many students find beneficial. These materials consist of two parts: graphic summaries of the content and a multiple choice quiz . © 2009 Rockwell Institute
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California Real Estate Law © Copyright 2007 Rockwel Publishing, Inc. Lesson 20: Landlord-Tenant Law © Copyright 2007 Rockwel Publishing, Inc. Introduction This lesson will discuss: z leasehold interests z the lease agreement z payment of rent z security deposits z use and condition of premises z transferring a tenancy z termination of a tenancy © Copyright 2007 Rockwel Publishing, Inc. Leasehold Interests Lease is: z contract between landlord and tenant z conveyance of real property interest
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© Copyright 2007 Rockwel Publishing, Inc. Leasehold Interests Leasehold : property interest conveyed by lease z also known as leasehold estate or tenancy © Copyright 2007 Rockwel Publishing, Inc. Leasehold Interests Term tenancy : fixed-length term, usually a certain number of months or years z also known as estate for years , but term may be for any period (including less than one year) z provisions of lease (such as rent amount) cannot be changed during term Example: lease specifying term from January 1 to June 30 is term tenancy © Copyright 2007 Rockwel Publishing, Inc. Leasehold Interests Periodic tenancy : no fixed term; tenancy continues from week-to week, month-to-month, or year-to-year z lasts until landlord or tenant gives proper notice of termination z provisions of lease (such as rent amount) can be changed with proper notice z may be arranged at start of lease or may arise after term tenancy ends
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© Copyright 2007 Rockwel Publishing, Inc. Leasehold Interests Example: Term tenancy expires and tenant “holds over.” If landlord accepts rent payments, periodic tenancy is established. © Copyright 2007 Rockwel Publishing, Inc. Leasehold Interests Tenancy at will : tenant is in possession of property with landlord’s consent, but neither a term tenancy nor a periodic tenancy exists z most commonly occurs when tenant holds over after term tenancy ends and no new lease has been agreed upon z once landlord accepts rent, periodic tenancy is created © Copyright 2007 Rockwel Publishing, Inc. Leasehold Interests
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This note was uploaded on 01/29/2012 for the course REAL 10 taught by Professor Murford during the Spring '11 term at Chabot College.

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Lesson_20 - Printable Lesson Materials Print these...

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