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Explore the legal duties of tenants and landlords in business law, including rent payment, property maintenance, and responsibilities towards guests. Understand rights, liabilities, and obligations outlined in leases to navigate the landlord-tenant relationship effectively.
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Law for Business Mr. Bernstein Notes, pp 350-354 Tenants’ and Landlords’ Duties December 18, 2014
Law for BusinessMr. Bernstein Tenants’ Rights Right of Possession Landlords generally do not have right to enter and inspect unless stated in lease Right to Use Property Right to Assign or Sublet Tenant remains responsible toward landlord
Law for BusinessMr. Bernstein Tenants’ Duties Pay rent in timely fashion Take reasonable care of property Notify landlord of needed repairs Tort liability to guests
Law for BusinessMr. Bernstein Landlords’ Rights Receive rent in timely fashion Rent due even if tenant vacates early Regain possession at end of lease
Law for BusinessMr. Bernstein Landlords’ Duties Maintain common grounds of multi-unit buidling Maintain housing code Pay property taxes