WorksheetsPrivate Law 1010 Section 3 Pt. 2
Total questions: 20
Worksheet time: 13mins
Although some leases are verbal, most are written, often in a very formal, legalistic style but every lease should specify the following information, EXCEPT:
The day the premise was rented
A statement to the effect that the lessee is granted exclusive possession during this period
The address of the property
The amount of rent to be paid during the tenancy
The landlord in a leasing agreement is who?
The Lessor
The Lessee
The tenant in a leasing arrangement is who?
The Lessor
The Lessee
A contract between a landlord and tenant for the rental of a property is what?
(a)
Identify the disadvantage with how a lease affects a lessee.
A lease creates security of tenancy for a stipulated period
A lease normally creates a fixed rent for the duration of the tenancy
A lease is a binding contract that can lock a tenant into a tenancy even if they wish to move
A lease can provide agreed-upon solutions to problems likely to arise
Identify the advantage with how a lease affects a lessee.
A lease can allow a landlord to provide incentives to a tenant; for example, free cable service or one month's free rent
If a tenant breaks a lease, a breach of contract occurs, the landlord can sue for rent payments owing and/or the cost involved in finding a new tenant
If you ever want to break a lease, probably the first thing to do is to talk with your landlord. If this doesn't work, two other ways of getting around a lease you no longer want are, EXCEPT:
Assigning the lease
Giving the lease away to someone else
Subletting the property
True or False: If a tenant assigns a lease to another party, that party becomes the lessee and must pay the rent to the landlord and be responsible for all the other obligations of a lessee.
True
False
True or False: If a tenant sublets the property, or part of it, to a third party, that original tenant remains the lessee, but now he or she is the landlord to the third party.
True
False
True or False: Only when subletting the property the original lease is responsible for the lease. So if the third party fails to pay the rent or damages the premises, the original tenant is liable to pay what's owing.
True
False
To turn a lease over to another person who will become the new tenant and pay rent to the landlord is what?
Assigning
Subletting
As a tenant, to rent a property (or part of it) to a third party who will pay rent to you is what?
Assigning
Subletting
True or False: You can't assign a lease or sublet a property without the permission of the lessor (landlord) because he or she can refuse permission with or without good reason.
True
False
People just starting out often have little money to spend on rent, and sharing accommodations is one way to cut costs. From a legal point of view, there are 2 ways to share accomodations with friends and one way is for each person to join in the rental relationship with the landlord. If there's a lease involved this is called what?
(a)
From a legal point of view, there are 2 ways to share accommodations with friends.
True or False: The other way is for only one person to enter the rental relationship with the landlord.
True
False
Security deposits can sometimes cause problems when people share accommodations, especially in joint tenancies because the deposit is given by all the tenants. At the end of the tenancy when the deposit is to be given back, this means is everything, EXCEPT:
There will be individual cheques made out to everyone for the same amount
The cheque will have to be made out to the names of all those who paid
Everyone who was paid will have to sign the cheque in order to cash
Those who manage to convince someone else to be the tenant and have that person simply trust them for their share of the rent get off the most lightly in a shared-accommodation. People who do this though will lack the security they'd get by becoming tenants themselves.
True or False: Along with that disadvantage though, the real tenant doesn't have the right to ask them to leave at anytime.
True
False
True or False: If you sign a lease you're locking yourself into a contract.
False
True
A civil wrong other than a breach of contract is called what?
(a)
A clause in a lease allowing a landlord to raise the rent while the lease is in effect to cover increased operating costs is called what?
Escalation Clause
De Escalation Clause
