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Law for Business Mr. Bernstein Notes, pp 350-354 Tenants’ and Landlords’ Duties December 18, 2014.

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Presentation on theme: "Law for Business Mr. Bernstein Notes, pp 350-354 Tenants’ and Landlords’ Duties December 18, 2014."— Presentation transcript:

1 Law for Business Mr. Bernstein Notes, pp 350-354 Tenants’ and Landlords’ Duties December 18, 2014

2 Law for Business Mr. Bernstein Tenants’ Rights Right of Possession Landlords generally do not have right to enter and inspect unless stated in lease Right to Use Property Right to Assign or Sublet Tenant remains responsible toward landlord 2

3 Law for Business Mr. Bernstein Tenants’ Duties Pay rent in timely fashion Take reasonable care of property Notify landlord of needed repairs Tort liability to guests 3

4 Law for Business Mr. Bernstein Landlords’ Rights Receive rent in timely fashion Rent due even if tenant vacates early Regain possession at end of lease 4

5 Law for Business Mr. Bernstein Landlords’ Duties Maintain common grounds of multi-unit buidling Maintain housing code Pay property taxes 5


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