1. Law for Business and Personal Use © South-Western, a part of Cengage Learning Ownership and Leasing of Real Property Chapter 17 Ownership and Leasing of Real Property 17-2 17-2Leasing Real Property

2. Law for Business and Personal Use © South-Western, a part of Cengage Learning GOALS Compare the various types of leases Explain the rights and duties of landlords and tenants

3. Law for Business and Personal Use © South-Western, a part of Cengage Learning LIST & DEFINE THE TYPES OF LEASES:

4. Law for Business and Personal Use © South-Western, a part of Cengage Learning Read “In This Case” on Pp 308. In your opinion, why were Anne and Clare bound to a lease for another nine months?

5. Law for Business and Personal Use © South-Western, a part of Cengage Learning RIGHTS AND DUTIES OF THE TENANT List and define 3 tenant’s rights: List and define 3 tenant’s duties:

6. Law for Business and Personal Use © South-Western, a part of Cengage Learning Describe “subletting:”

7. Law for Business and Personal Use © South-Western, a part of Cengage Learning RIGHTS AND DUTIES OF THE LANDLORD Basically, there are 2 rights of landlords: To receive agreed-upon rent To sue to evict tenant List and define the 2 landlord’s duties:

8. Law for Business and Personal Use © South-Western, a part of Cengage Learning Page 311 of your textbook lists several housing code provisions. What is a violation of a housing code called?

9. Law for Business and Personal Use © South-Western, a part of Cengage Learning PREVENT LEGAL DIFFICULTIES On Page 313, there are 10 items for dealing with real property. Choose one of those items and create a scenario depicting what happened:

10. Law for Business and Personal Use © South-Western, a part of Cengage Learning Complete the table below with some of your answers from Slides 5 & 7: TENANTLANDLORD Rights Duties