Issues Involved in Lease Contracts - Essay Example

The lease of real property is terminable at the inclinations of any of the parties to the lease contract. Notice to the other party of the death or incapacity of the other party should terminate the contract.

If the lessee dies while in a rolling tenancy and it is [tenancy]. Set for a period of six months or more [fixed term]. In addition, is still valid, the goods will be passed on to the person named in the will. If the tenancy was periodic, the goods will pass on to the husband or wife. However, if the people left in the property have zero right to take the goods, the property owner can recover the property.

The property owner has the right to withhold the goods if the tenancy was shorthold. The property owner may do this only at the last period lease and give a two months notice. So if the tenancy was joint [more than two tenants]. They can claim the goods back.

After the end of the lease, the tenants should take all assets to avoid any further rent liability upon the death of the lessee. The lessor’s family may sue family members who try to avail themselves of free rent. These obligations may come up even if the original lease agreement is void due to death.