1. Types of Leases LESSON 22-1
CHAPTER 22
6/25/2018
LESSON 22-1
Types of Leases
Describe the legal characteristics of a lease
Identify the parties to a lease
Describe the various leasehold estates

2. WHAT IS A LEASE?
A lease is an agreement in which one party receives temporary possession of another’s property in exchange for rent

3. TYPES OF LEASEHOLD ESTATES
Periodic tenancy
Tenancy for years
Tenancy at sufferance
Tenancy at will

4. Tenant’s Rights and Duties
LESSON 22-2
Tenant’s Rights and Duties
Explain the tenant’s right to use the property
Tell how a lease can be transferred
Explain the duty to pay rent

5. TENANTS’ RIGHTS Right of possession Right to use the property
Right to assign the lease or to sublet

6. TENANTS’ DUTIES Duty to pay rent Duty to take care of the property
Torts duty

7. Landlord’s Rights and Duties
LESSON 22-3
Landlord’s Rights and Duties
Describe the lessor’s rights when rent is not paid and the lessor‘s duties to maintain the premises
Tell when the lessor is liable for injuries on the property
Describe the lessor’s duties under the Fair Housing Act

8. LANDLORDS’ RIGHTS AND DUTIES
Right to the rent
Tenant vacates early
Tenant fails to vacate
Right to regain the realty and fixtures
Duty to maintain the premises
Torts duty
Duty to pay property taxes
Fair Housing Act duties
Duty on voluntary termination

9. EXAMPLES OF HOUSING CODE PROVISIONS
There shall be no exposed electrical wiring.
The roof shall not leak.
Every ceiling and wall shall be smooth and easily cleanable.
Outside doors and windows shall have tight-fitting screens.
Every unit shall have a private bathroom.
Gas stove shall be properly vented connected.