Ann leases an office in Ted's building for a one-year term. At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to Ted.
If Ann dies ...
... during the period of the lease, what happens to the leased property?
The tenant’s heirs inherit the lease and can fulfill its term. [ (A lease passes to a tenant’s heirs as per¬sonal property.) This rule protects the land¬lord’s interest, which is to realize the ...
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