Describe the types of leasehold estates

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A tenancy for years is any leasehold interest of a specific duration, no matter how long or how short. The leasehold terminates automatically upon termination of the specific duration. A periodic tenancy is any leasehold interest with no stated duration or lease period, but with rental payments due at particular intervals. In a tenancy at will, the landlord allows the tenant to stay on a month-to-month basis and which may be terminated at any time by the tenant or the landlord. A tenancy by sufferance is created when a tenant retains possession after the end of a valid tenancy. The tenant remains responsible for the rent payments.

Legal Studies & Paralegal

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Which is an advantage of joint tenancy??

A. ?The person who creates the joint tenancy has complete control over the property. B. ?Joint tenancy avoids probate. C. ?All joint tenants must agree before the joint tenancy can be terminated. D. ?The surviving recipient of the property previously held in joint tenancy is always the intended beneficiary.

Legal Studies & Paralegal

What are the key elements of the ABA and NALA definitions of a legal assistant or paralegal??

What will be an ideal response?

Legal Studies & Paralegal

All individual debtors who file for relief under Chapter 7 receive a discharge.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

What standard is used to determine whether government can use a person's alienage for purposes of discrimination in government employment?

A) necessary and compelling test B) government classification test C) employee privacy test D) important governmental functions test

Legal Studies & Paralegal