Chris rented an apartment from Donald. Due to personal reasons, Chris decided to transfer all his rights under the lease to his friend Dave. Dave partially transferred his rights under the lease to his friend, Pam. While living in the apartment, Pam accidentally burned down a part of the kitchen. Donald paid for fixing the kitchen. By the time of this accident, Donald had also transferred his rights to receive rent for the lease to Chad. Which of the following kinds of lease agreements exists between Chris and Dave?

Question

Quizplus · Accepted Answer

Chris transferred all his rights under the lease to Dave, which is an assignment. A gross lease involves the tenant paying a fixed amount of rent while the landlord takes care of expenses like taxes and maintenance. An accommodation is an agreement where a landlord allows a tenant to live in a property for free or at a reduced rate in exchange for certain services. An easement is a right to use someone else's property for a specific purpose, like accessing a driveway or cutting through a piece of land.

Chris Rented an Apartment from Donald