Assignment and subletting Study guides, Revision notes & Summaries

Champions Real Estate Exam Prep (Texas) | 665 Questions and Answers 100% Verified | A property owner has decided to do some landscaping work on his yard. he has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of: a) encroachments b) improvements c) surface rights d) emblements - b) improvements A property owner has a waterfront lot on a stream. He has the right to use the water from the stream. What is this right called? a) riparian b) littoral ...

NYS Real Estate Exam Questions And Correct Answers. Complete Verified Solutions Which of the following is considered a fixed operating expense? utilities, cleaning expenses, insurance premiums, management fees. Insurance Premiums What is overage rent? Rent calculated on a percentage of sales volume what is the amount a buyer owes at closing equal to? The excess of the buyers debits over the buyers credits real estate agents are typically what kind of agent special agent what is the em...

FULL SET OF REVISION NOTES FROM LECTURES & SGSs COMMENDATION ACHIEVED IN EXAM INCLUDES: - pre-contract searches and enquiries - drafting and exchange of contracts - pre-completion and completion - post-completion - title investigation - planning permission - registered title - unregistered title - security of tenure - contents of a lease: term, rent, service charge, alterations, use, repair, insurance, LL remedies - rent review and alienation (assignment and subletting) - co...

ALIENATION SUMMARY  Analyse alienation covenants and apply common law/statute to advise a client  Advise a client on the PROCEDURE for assigning/underletting a lease. What is it? ALIENATION  TRANSFER OF INTEREST IN LEASE. > Tenant disclaims their interest in the lease. o E.g. client’s business is not doing well so client wants to get out of the lease. If there is no break clause in the lease, their only option is alienation. > Alienation can involve: o Assignment o U...

Texas Real Estate Exam Prep (From PearsonVUE and & Champions National Exam Prep) A property owner has decided to do some landscaping work on his yard. he has planted a tree surrounded by some flowering shrubs. The tree and shrubs are an example of: a) encroachments b) improvements c) surface rights d) emblements b) improvements A property owner has a waterfront lot on a stream. He has the right to use the water from the stream. What is this right called? a) riparian b) littoral c) ap...

Notes drafted by LLM LPC Graduate with Distinction. 3 pages of notes including why alienation clauses are necessary, purpose of alienation clauses, landlord and tenant considerations, authorised guarantee agreement, impact of authorised guarantee agreement on landlord and tenant and the types of clauses including qualified covenants and absolute covenants.

ALIENATION SUMMARY  Analyse alienation covenants and apply common law/statute to advise a client  Advise a client on the PROCEDURE for assigning/underletting a lease. What is it? ALIENATION  TRANSFER OF INTEREST IN LEASE. > Tenant disclaims their interest in the lease. o E.g. client’s business is not doing well so client wants to get out of the lease. If there is no break clause in the lease, their only option is alienation. > Alienation can involve: o Assignment o Un...

ALIENATION SUMMARY  Analyse alienation covenants and apply common law/statute to advise a client  Advise a client on the PROCEDURE for assigning/underletting a lease. What is it? ALIENATION  TRANSFER OF INTEREST IN LEASE. > Tenant disclaims their interest in the lease. o E.g. client’s business is not doing well so client wants to get out of the lease. If there is no break clause in the lease, their only option is alienation. > Alienation can involve: o Assignment o Un...

ALIENATION SUMMARY  Analyse alienation covenants and apply common law/statute to advise a client  Advise a client on the PROCEDURE for assigning/underletting a lease. What is it? ALIENATION  TRANSFER OF INTEREST IN LEASE. > Tenant disclaims their interest in the lease. o E.g. client’s business is not doing well so client wants to get out of the lease. If there is no break clause in the lease, their only option is alienation. > Alienation can involve: o Assignment o Un...

Class note and textbook consolidation of Section 3. 13 pages of comprehensive notes. Includes: Intro, duties of parties, subletting, cession and assignment, transfer of title, termination and the Rental Housing Act. Disclaimer: These notes should serve as supplementation and support to your studies and should not replace your own notes or class attendance.