Question and answer
If Ann dies during the period of the lease, what happens to the leased property?
Depends on how the lease was written and if she had tenants insurance which would pay the rent if anything happened to her. [ If not her estate would still have a right to pay the rest of the rent until the lease terminates at which time the land lord would then have the right to take possession. ]
Expert answered|sipichapie|Points 3624|
Question
Asked 4/3/2012 3:48:24 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
can you assign the lease to another party? explain.
Weegy: You may be able to turn over (assign) your lease to another person. When you assign a lease, you move out permanently and a new tenant moves in for the rest of your lease term. [ This person is referred to as the "assignee." Both you and the new tenant will be responsible to the landlord for the condition of the apartment and the rent. Check your lease before deciding to assign. Many leases do not allow tenants tom assigning their lease. Or your lease may allow you to assign only with the landlord's permission. For more information about assigning your lease, see the section in this chapter called Assigning Your Lease. ] (More)
Question
Expert Answered
Updated 1/12/2013 11:09:25 PM
1 Answer/Comment
Yes , A lessee may assign a lease to a third party, or assignee. An assignment conveys all rights under the lease to the assignee for the remainder of the lease term, and the assignee assumes a contractual relationship with the original lessor. However, unless the lessor agrees otherwise, the first lessee still retains the original duties under the lease agreement until the lease expires. Generally, an assignment is valid unless it is prohibited by the lessor.
Added 1/12/2013 11:09:25 PM
21,775,574 questions answered
Popular Conversations
The sequence 2, 2, 2, 2, ... is a) arithmetic sequence b) geometric ...
Weegy: A sequence such as 1, 5, 9, 13, 17 or 12, 7, 2, ?3, ?8, ?13, ?18 which has a constant difference between terms. ...
8/3/2015 12:03:10 PM| 8 Answers
The purpose of accounting is to provide financial information about a ...
Weegy: what is your question?
8/3/2015 11:51:29 AM| 4 Answers
Demosthenes
Weegy: Demosthenes was a prominent Greek statesman and orator of ancient Athens. User: Aristophanes was one of ...
8/2/2015 10:05:42 PM| 3 Answers
Susan bought a new computer. She purchased a .
Weegy: What is your question for weegy? User: what is a consumer User: what is service Weegy: what kind of service ...
8/3/2015 9:59:24 AM| 3 Answers
The best time to exercise is A. in the morning. B. in the ...
Weegy: How may I help you?
8/3/2015 10:28:42 AM| 3 Answers
What is equilibrium?
8/3/2015 5:48:13 PM| 3 Answers
Weegy Stuff
S
P
C
L
P
L
1
P
P
1
P
1
P
L
P
R
Points 152 [Total 10505]| Ratings 0| Comments 152| Invitations 0|Offline
S
Points 102 [Total 417]| Ratings 0| Comments 102| Invitations 0|Online
S
Points 96 [Total 97]| Ratings 1| Comments 86| Invitations 0|Online
S
Points 76 [Total 302]| Ratings 0| Comments 76| Invitations 0|Online
S
L
L
P
1
Points 55 [Total 8628]| Ratings 0| Comments 55| Invitations 0|Offline
S
1
L
L
Points 35 [Total 8503]| Ratings 0| Comments 35| Invitations 0|Online
S
Points 17 [Total 17]| Ratings 0| Comments 17| Invitations 0|Online
S
Points 3 [Total 3]| Ratings 0| Comments 3| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Points 0 [Total 0]| Ratings 0| Comments 0| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.