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Landlord & Tenant Relations: Definitions

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Lessor   show
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show The tenant  
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show Tenant wrongfully holds over after the expiration of his or her lease  
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Estate at Will   show
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show Also called Estate from period to period. Fixed termination date. If less than 1 year oral agreement. If greater than 1 year in agreement is in writing.  
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Periodic Tenancy   show
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show Tenant pays flat rent. Landlord pays taxes, maintenance, and insurance  
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Net Lease   show
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Graduated Lease   show
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show Rent is based on the % of gross sales. Higher the gross sales the smaller the %. The smaller the gross sales the larger the %  
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show Transfers only part of the term of the lessee to a sub-lessee  
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show Allows Sheriff to evict tenant  
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show Property is rented for a period of time at the end of which the renter is given the option to purchase the property per a set of agreed terms with the landlord.  
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show Landlord guarantees the dwelling meets minimum housing and health codes (ex: having hot and cold water)  
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show Landlord must give tenant 1-year notice if tenant is over 62 years of age  
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