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WorksheetsVocab Test 31-40
Total questions: 10
Worksheet time: 50mins
Sandwich lease
Agreement from the landlord to compensate the tenant for all or a portion of the funds required to construct the commercial spot
Immediate transfer of ownership
release of responsibility and/or ownership
Lessor is also the lease, aka sublet
Subleases
Lessor is also the lease, aka sublet
Lessor is also the lessee, aka sandwich lease
Release of responsibility and/or ownership
Landlord either does something or fails to do something that he has a legal duty to provide
Tenant Improvement Allowance
Agreement from the landlord to compensate the tenant for all or a portion of the funds required to construct the commercial space
Giving responsibility and/or ownership to another
Immediate transfer of ownership
Lessor is also the lessee, aka sandwich lease
Abandonment
Evidence of transfer
Release of responsibility and/or ownership
signed statement by a party certifying for another's benefit that certain facts are correct. It defines each party's responsibility in a commercial lease
Lessor is also the lease, aka sublet
Assignment
Giving responsibility and/or ownership to another
signed statement by a party certifying for another's benefit that certain facts are correct. It defines each party's responsibility in a commercial lease
Release of Responsibility
Evidence of transfer
Surrender
Release of responsibility and/or ownership
Landlord either does something or fails to do something that he has a legal duty to provide
Agreement from the landlord to compensate the tenant for all or a portion of the funds required to construct the commercial space
immediate transfer of ownership
Constructive Eviction
Agreement from the landlord to compensate the tenant for all or a portion of the funds required to construct the commercial space
Evidence of transfer
Landlord either does something or fails to do something that he has a legal duty to provide
Lessor is also the lessee, aka sandwich lease
Estoppel Statement
Immediate transfer of ownership
Evidence of transfer
Landlord either does something or fails to do something that he has a legal duty to provide
signed statement by a party certifying for another's benefit that certain facts are correct. It defines each party's responsibility in a commercial lease
Evidence of Transfer
Surrender
Deeds
Sandwich lease
Abandonment
A quitclaim
Immediate transfer of ownership
Giving responsibility and/or ownership to another
Lessor is also the lease, aka sublet
Release of responsibility and/or ownership
