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Bus. Law Chapter 44

TermDefinition
Landlord or lessor Owner of leased property
Tenant or lessee Possessor of leased property
Lease Contract between landlord and tenant
Rent Amount paid landlord for possession of property
Tenancy for years Tenancy for any definite period
Tenancy from year to year Tenancy for indefinite period with yearly rent
Tenancy from month to month Tenancy for flexible period with monthly rent
Tenancy at will Tenancy for uncertain period
Tenancy at sufference Holdover tenant without landlords permission
Abate To end or put to end
Assignment Transfer to another of tenants rights
Sublease Transfer of less than a tenants full rights under a lease
Action of ejectment Action to have sheriff remove tenant
Eviction Expulsion of tenant from leased property
Forcible entry and detainer action Summary action by landlord to regain possession
Trade fixtures Fixtures used in business
Familial status Whether or not tenant has children
Created by: Jenniferavery
Popular Business sets

 

 



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