In the context of leased property, which of the following statements is true?
A. The landlord can transfer possession of a property to a new owner but not the right to receive rent.
B. A landlord cannot sell the property that has been leased before the expiry of the lease agreement.
C. On sale of a leased property, the new owner cannot force the tenant to move out of the property before the expiry
of the lease agreement.
D. Even after the sale of the leased property, the old owner remains to be the landlord until the lease agreement
expires.

Question

06-12-2022
Business

Answered

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In the context of leased property, which of the following statements is true?
A. The landlord can transfer possession of a property to a new owner but not the right to receive rent.
B. A landlord cannot sell the property that has been leased before the expiry of the lease agreement.
C. On sale of a leased property, the new owner cannot force the tenant to move out of the property before the expiry
of the lease agreement.
D. Even after the sale of the leased property, the old owner remains to be the landlord until the lease agreement
expires.

Sagot :

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BhavikaKukreja BhavikaKukreja · Answer 1 · 2022-12-13T03:53:48-05:00

The landlord can transfer possession of a property to a new owner but not the right to receive rent.

Lease

A lease is a contract that specifies the terms under which one party agrees to rent property owned by another. The lease offers the tenant, also known as the lessee, access to an asset while simultaneously protecting the lessor, the property owner. Leases are legally binding contracts that establish. A lease is a contract that specifies the terms under which one party agrees to rent property owned by another. It ensures the lessee, also known as the tenant, the use of an asset and ensures the lessor, the property owner, or landlord, monthly payments from the lessee for a certain period of months or years.

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Lease

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