Law 2101 Lecture 3: Landlord tenant law lecture 3
Document Summary
Subletting and assignment: a tenant may assign or sublet a rental unit to another person w/consent of landlord, legal effect differs between assignment &sublet, assignment: new tenant (assignee) steps into the legal relationship &has all rights. Interest on security deposit: landlord shall pay interest to tenant yearly on the amount of rent deposit at a rate equal to the guideline in effects at the time payment comes due. If the landlord does not pay the tenant the interest when it comes due, the tenant may deduct the amount of the payment from the next rent payment was not pair: rta abolished distress. Requirements of notices to terminate: a notice of termination must be in the proper form approved of by the board, and must. Identify the rental unit for which the notice is given. State the date on which the tenancy is to terminate. Be signed by the person giving the notice, or the person"s agent.
