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Ann leases an office in Ted's building for a one-year term. At the end of the period
specified in the lease, the lease ends without notice, and possession of the office
returns to Ted.
If Ann dies during the period of the lease, what happens to the leased property?
Solution
When an individual enters into a lease it is entering into a property interest with the landlord
where the tenant and his heirs have an interest in the lease term, and landlord has an interest in
enforcing lease to Ann or her heirs. This is assuming of course that their is right of survival, and
not that lease automatically ends upon demise of tenant. During the time in which the lease is in
place, and the heirs default on the property, the landlord must make reasonable efforts to release
the lease. However, will the property remains vacant, the estate of ann is responsible for the
contract terms. In reality, what happens is that the lease, along with all other assets and liabilities
of ann goes into probate for court administration. In any event at the expiration of the lease term,
the leased property automatically reverts to landlord.

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Ann leases an office in Ted-'s building for a one-year term- At the en.docx

  • 1. Ann leases an office in Ted's building for a one-year term. At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to Ted. If Ann dies during the period of the lease, what happens to the leased property? Solution When an individual enters into a lease it is entering into a property interest with the landlord where the tenant and his heirs have an interest in the lease term, and landlord has an interest in enforcing lease to Ann or her heirs. This is assuming of course that their is right of survival, and not that lease automatically ends upon demise of tenant. During the time in which the lease is in place, and the heirs default on the property, the landlord must make reasonable efforts to release the lease. However, will the property remains vacant, the estate of ann is responsible for the contract terms. In reality, what happens is that the lease, along with all other assets and liabilities of ann goes into probate for court administration. In any event at the expiration of the lease term, the leased property automatically reverts to landlord.