NYLE - Real Property UPDATED Exam
Questions and CORRECT Answers
Name four types of common-law tenancies recognized by NY - CORRECT ANSWER - 1)
tenancy for years
2) periodic: month to month or year-to-year
3) tenancy at-will (unspecific can be term any time)
4) tenancy at sufferance (continued after lease on same terms as lease, terminated written notice
30 days)
Assignment of sublease (not rent stabalized)
Rule for dwellikng with 3 or less units - CORRECT ANSWER - 1)Tenant may not assign
without consent of landlord,
2) landlord may withhold consent without cause.
3) However, if landlord unreasonably withholds consent, the tenant may be released from the
lease upon request with 30 days notice
Assignment of sublease (not rent stabalized)
Rule for dwelling with 4 or more units - CORRECT ANSWER - 1) tenant has the right to
sublease, with written notice to and consent from landlord
2) landlord may not withhold consent unreasonably
Holdover rule - CORRECT ANSWER - 1) If a lease term is longer than a month,
2) and after the lease term ends
3) the landlord accepts rent for any period subsequent
4) a month-to-month tenancy is created
Termination of monthly or month-to-month
in NYC - CORRECT ANSWER - Tenant cannot be removed for holdover, unless at least
30 days before expiration of term, landlord serves notice in writing of termination
Questions and CORRECT Answers
Name four types of common-law tenancies recognized by NY - CORRECT ANSWER - 1)
tenancy for years
2) periodic: month to month or year-to-year
3) tenancy at-will (unspecific can be term any time)
4) tenancy at sufferance (continued after lease on same terms as lease, terminated written notice
30 days)
Assignment of sublease (not rent stabalized)
Rule for dwellikng with 3 or less units - CORRECT ANSWER - 1)Tenant may not assign
without consent of landlord,
2) landlord may withhold consent without cause.
3) However, if landlord unreasonably withholds consent, the tenant may be released from the
lease upon request with 30 days notice
Assignment of sublease (not rent stabalized)
Rule for dwelling with 4 or more units - CORRECT ANSWER - 1) tenant has the right to
sublease, with written notice to and consent from landlord
2) landlord may not withhold consent unreasonably
Holdover rule - CORRECT ANSWER - 1) If a lease term is longer than a month,
2) and after the lease term ends
3) the landlord accepts rent for any period subsequent
4) a month-to-month tenancy is created
Termination of monthly or month-to-month
in NYC - CORRECT ANSWER - Tenant cannot be removed for holdover, unless at least
30 days before expiration of term, landlord serves notice in writing of termination
