Asked by Megan Green on Apr 28, 2024
Verified
Is Jaston responsible for the missing portion of rent payments?
A) No, because there was an agreement between Jaston and the therapist.
B) No, unless the amount of the payment is over $500.
C) No, unless the amount of the payment is over $5000.
D) Yes, because the initial tenant is liable for rent payments throughout the entire term of the lease.
E) Yes, because Jaston failed to place the landlord on notice of the sublease.
Sublease
An agreement where the original tenant of a lease rents out their space to another person, transferring some or all of their tenancy rights.
Rent Payments
Periodic payments made by tenants to landlords in exchange for the use of residential or commercial property.
Lease Term
The duration for which a lease agreement is effective, specifying the start and end dates of the rental period.
- Absorb the foundational principles of rental contracts and the responsibilities assigned to both landlords and tenants.
Verified Answer
Learning Objectives
- Absorb the foundational principles of rental contracts and the responsibilities assigned to both landlords and tenants.
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