Explain the rights of a landlord and a tenant in a leasehold estate
What will be an ideal response?
One who has a leasehold is entitled to exclude all others, including the property owner under most circumstances, for the period of the lease and is entitled to use the property for any legal purpose that is not destructive of other occupiers' rights or prohibited by the terms of the lease. Although the rights and obligations of the landlord and the tenant may be altered by the lease, some states have statutes requiring landlords to keep the premises in good repair and allowing tenants to withhold their rent if the landlord fails to do so. The landlord may enter the property only in an emergency, with permission of the tenant to make repairs, or with notice to the tenant near the end of the leasehold to show the property to a potential tenant. If the tenant fails to make the agreed-upon rental payments, the landlord may bring an action to evict the tenant. Unless prohibited by the lease, a tenant may move out of the property and sublease it to another party. The initial tenant, however, still remains liable to the landlord for payment of rent due for the entire term of the lease.
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