1 / 4

Law for Business

Law for Business. Mr. Bernstein Notes, pp 347-348 Types of Leases December 1 7 , 2013. Law for Business Mr. Bernstein. Leases An agreement where one party receives temporary possession of real property in exchange for consideration (rent)

lajos
Download Presentation

Law for Business

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Law for Business Mr. Bernstein Notes, pp 347-348 Types of Leases December 17, 2013

  2. Law for BusinessMr. Bernstein Leases An agreement where one party receives temporary possession of real property in exchange for consideration (rent) Leases of >1 year must be written, according to the Statute of Frauds

  3. Law for BusinessMr. Bernstein Leasehold Estates Periodic Tenancy (ie month to month) Tenancy for Years (period of time specified) Tenancy at Sufferance (holdover) Tenancy at Will (neither rent nor time period stated)

  4. Law for BusinessMr. Bernstein Assets which are commonly leased Houses Apartment Offices Warehouse …also Cars, Trucks… Airplanes or other Capital Equipment

More Related