Question 1

Chrissy and Devon are not married to each other, but they share the ownership of Elm Street Offices, a commercial building. When they acquired the building, they agreed in writing that if one dies, the other in?herits his or her interest. Are Chrissy and Devon concurrent owners? If so, in what type of concurrent ownership are their rights held? If not, how is their ownership classified? Fagin leases an office in the Elm Street building for a one-year term. If Fagin moves out before the end of the term of the lease, what hap?pens to the leased property?

Accepted Answer

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Question 2

Mako owns an office building in fee simple. Can Mako transfer temporary possession of the building to NuGames Company? Can NuGames then transfer possession for even less time to Office Cubicles, Inc.? Explain.

Accepted Answer

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Question 3

Andy leases to Burgertown Franchise Corporation a 10,000 square-foot building under a written lease with a twenty-year term, rent payable an?nually. The lease includes a clause stating that Burgertown is re?sponsi?ble for making all necessary repairs, including rebuilding the structure after its destruction by any cause beyond Andy's control. The lease does not include a clause concerning its assignment. One day after the tenth rental payment, Burgertown, without Andy's knowledge or consent, as?signs its interest in the lease to Chicken Hut Restaurants, Inc. Mean?while, Andy dies and Dotty inherits Andy's interest in the building. Without the knowledge or consent of either Burgertown or Chicken Hut, Dotty sells the building to Earnest Investments, Inc. The next month, the building is destroyed in the flood of a nearby river. Burgertown rebuilds it and files a suit against Earnest for the expense. Earnest responds that the lease has terminated. Is Earnest correct? If so, when did the lease termi?nate? If not, is Earnest liable for the cost of re?building the structure? Why or why not?

Accepted Answer

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Question 4

Jai owns an orchard behind Key's house and property. The only access to the orchard is Key's driveway, which Jai uses to get to her orchard. Jai sells the orchard to Laurentz. Can Laurentz use the right-of-way across Key's property?

Accepted Answer

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Quiz 48: Real Property and Landlord-Tenant Relationships

Mako owns an office building in fee simple. Can Mako transfer temporary possession of the building to NuGames Company? Can NuGames then transfer possession for even less time to Office Cubicles, Inc.? Explain.

Jai owns an orchard behind Key's house and property. The only access to the orchard is Key's driveway, which Jai uses to get to her orchard. Jai sells the orchard to Laurentz. Can Laurentz use the right-of-way across Key's property?