Property can be conveyed through contracts from one party to another for a period. These contracts are identified as leases. Landlords and tenants enter into contracts, which allow both parties to benefit from the services provided. All parties involved have to be aware of the clauses in the contract before agreeing to the terms in it. This is to prevent any grievances that may result in the event something occurs (Miller & Hollowell, 2010). This paper will examine one such case, and determine what happens to property that was leased after the death of a lessee.
During the period a lessee gets into a contract with the lessor, they must provide their next of kin or heir. This is one way for the lessor to know who to contact in case of any problem with the lessee (Brown, Warner & Portman, 2009). In Ann’s case, her death will not affect the contract or lease. The heir will carry out the term that is left on the lease. Once this period is concluded, they are free to move out, and allow the lessor to lease it to another interested party. The leased property will, therefore, remain in the lessee’s name till the period is complete. If the heir chooses to leave well before-hand, it is the prerogative to do as they wish. The lessor does not, however, have any right over the possession of the lessee.
In conclusion, before lessees sign leases, they must read and analyse the clauses cautiously. Word of mouth or promises from the lessor should not be taken into account as they are difficult to prove if not honoured (Brown, Warner, & Portman, 2009). Heirs to one’s possessions must be aware of the clauses agreed upon so as not to be taken advantage of as in such a case. It is imperative to do so to prevent one’s rights about property and ownership from being trampled.
References
Brown, D. W., Warner R., & Portman, J. (2009). The California landlord’s law book: Rights & responsibilities. New York: Oxford University Press.
Miller, L. R., & Hollowell, W. E. (2010). Business law: Texts & exercises. London: Macmillan Publishers.
