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Canadian Business Law
Quiz 24: Leasehold Interests
Path 4
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Question 21
True/False
Distress is the right of a landlord to seize and sell a tenant's goods to satisfy rental arrears.
Question 22
True/False
The major advantage to a lessee in a sale-and-lease-back transaction is that what are now rental payments are a deductible expense.
Question 23
True/False
The day following expiry of a residential tenancy,the landlord has an absolute right to re-enter the premises.
Question 24
True/False
In the case of a periodic tenancy,after one year and in the absence of a notice to quit,the tenancy becomes a tenancy at sufferance.
Question 25
True/False
To be enforceable against a tenant,a lease of over three years must be registered on the title of the property.
Question 26
Essay
List the right of,and the duties imposed upon a landlord and tenant at common law,and the remedies available to each party.
Question 27
True/False
A water purifier attached to a residence by a tenant at his own expense may not be removed by him on expiry of the lease.
Question 28
True/False
One individual may be both the landlord and tenant for the same parcel of land.
Question 29
True/False
No lease other than a written lease may be brought before the Courts for enforcement.
Question 30
True/False
Where the leased premises are subject to a covenant that runs with the land,a third party with the right to enforce the covenant should sue the lessor for a breach of that covenant.
Question 31
Essay
Discuss the application of the Statute of Frauds and the requirement of registration with respect to leasehold interests,give reasons why these conditions are imposed,and explicitly treat the situation of a lease of indefinite term.