Inventory and Condition of Leased Premises for Pre Lease and Post Lease Kentucky Form
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People also ask
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Which of the following would automatically terminate a residential lease?
Which of the following would automatically terminate a residential lease? The answer is total destruction of the property. Death of the tenant, failure to pay rent, or sale of the rented premises would not end a residential lease. Destruction of the property would terminate a lease.
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What happens if leased premises become unusable for the purpose stated in the lease?
In this scenario, if leased premises become unusable for the purpose stated in the lease, the tenant may have the right to abandon the premises. This action is known as **Constructive eviction**.
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Which of the following would terminate a lease?
A lease would be terminated under the following conditions: expiration of the lease, surrender of the property, and eviction of the tenant.
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What is the right of refusal clause in a lease?
A right of first refusal stipulation in a contract, lease agreement, or other formal real estate property agreement grants its holder the first opportunity to make an offer on a property and buy it if it goes on the market.
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What is the legal definition of leased premises?
The Premises describes what is being leased. At minimum, this means the land, but can also include buildings and other infrastructure such as greenhouses, wells, and fencing. Leased equipment could be part of the Premises, or could be contained in a separate lease.
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Which of the five rights to real property?
A property owner in California enjoys a number of rights collectively known as the “bundle of rights.” These five rights associated with owning real property are: (1) possession; (2) control; (3) exclusion; (4) enjoyment and (5) disposition.
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What is the premises clause of a lease?
4. Use of premises. This clause details how and for what the tenant can and cannot use the property. It will clarify whether the tenant can use the property only for residential purposes or also employ it for business.
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What is the month-to-month lease law in Kentucky?
A Kentucky month-to-month rental agreement, also known as a "tenancy-at-will," is a contract that may be terminated by the landlord or tenant with 30 days' notice. The agreement automatically renews unless one of the parties decides to cancel.
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