Reading...
Play button
Play button
Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
6 Cards in this Set
- Front
- Back
|
privity of contract
|
each party has personal covenants under contract law
|
|
|
privity of estate
|
each party has rights and duties under property law
|
|
|
what are real covenants?
|
1. term of the lease
2. conditions on the use of the premises 3. obligation of tenant to pay rent 4. obligation of landlord to make repairs and provide services |
|
|
what is the default rule for a tenant's right to assign or sublease?
|
if the covenant is silent on tenant's right to transfer, tenant has an absolute right to transfer by assignment or sublease
|
|
|
rules of construction (traditional rule)
|
words that have a definite legal meaning should be presumed to have their technical meaning, unless the intent is clearly expressed
|
|
|
rules of construction ( modern rule)
|
conveyances should be construed to effect the intent of the parties
|
