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đ Navigating the Complex Web of Landlord-Tenant Legal Relationships
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Manage episode 477912301 series 3649260
We dive deep into the complex legal relationships between landlords and tenants, focusing on what happens when either party sells or assigns their interest to someone else.
⢠Visual representation of landlord-tenant relationships using an "L" shape helps understand the legal connections
⢠Privity of contract remains between original landlord and tenant regardless of assignments
⢠Privity of estate forms between current property holders (new landlord and new tenant)
⢠Only covenants that "touch and concern" the land will bind new parties
⢠Examples of binding covenants include repairs, building permissions, insurance, and use restrictions
⢠Personal covenants (like washing someone's car) won't transfer to new parties
⢠Original tenant remains liable for the full lease duration even after assignment
⢠Indemnity chains protect parties when multiple assignments occur
⢠When landlord changes, tenant can sue either original or current landlord for breaches
⢠Original landlord loses enforcement rights after selling, despite privity of contract
đĄâď¸ Letâs learn the law togetherâone session at a time!
Chapters
1. Navigating the Complex Web of Landlord-Tenant Legal Relationships (00:00:00)
2. Understanding Leasehold Relationships (00:00:11)
3. Privity of Contract and Estate (00:02:45)
4. Covenants That Touch Land (00:05:25)
5. Liability When Tenants Change (00:08:02)
6. Landlord Changes and Legal Rights (00:11:57)
104 episodes
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