?What is a lease of real property? Describe how leases of commercial property might differ from leases of residential property.
What will be an ideal response?
In real property law, a lease is a contract by which the owner of real property (the landlord) grants to a person (the tenant) an exclusive right to use and possess the property, usually for a specified period of time, in return for rent or some other form of payment.Leases for commercial or business property are usually much more detailed than residential leases, so special expertise is needed to work with them. The terminology describing the building generally follows industry practices and terms used by the Building Owners and Managers Association. In a residential lease, the house or apartment is usually identified by address; but in a commercial lease, terms such as gross leasable square footage or net leasable square footage are used. Specific discussion of common areas and responsibilities for them is included. Such leases also often discuss inspection rights, what signage will be allowed, liability waivers, damage provisions, how alterations are to be handled, responsibility for repairs, and other issues usually peculiar to commercial property.
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The advanced paralegal certification (APC) designation means that a legal assistant?
A. ?has passed a test demonstrating general legal competence. B. ?has passed a bar exam. C. ?has passed a test demonstrating competence in a legal specialty. D. ?is a member of the APC, a legal assistant organization.
In preparing a settlement précis or in discussions with the adverse party's attorney, the paralegal?
A. needs to be cautious about revealing too much information.? B. ?has no need to seek the guidance of the attorney. C. ?has no need to be concerned about revealing confidential information. D. ?has no need to be concerned about any embarrassment to the client.
It is possible that a summary of the law from the research memorandum will be sent to the client in the form of a(n) ________ letter
Fill in the blank(s) with correct word
Online dispute resolution is becoming popular for disputes involving
A. sales over the Internet.? B. ?child custody. C. ?divorce. D. ?All of these choices are correct.