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What happens to the real property when the lease terminates?

a) The real property reverts to the lessee.
b)The real property distrains to the lessee.
c) The real property reverts to the lessor.
d)The real property repudiates to the lessee
e)The real property repudiates to the lessor.

User Nige
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1 Answer

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Final answer:

Upon lease termination, the real property reverts back to the lessor, and the lessee must vacate and return all items provided for use. If the lessor can't provide possession on the agreed date, the lease can be cancelled and refunded.

Step-by-step explanation:

When a lease terminates, the real property reverts back to the lessor (landlord). This means that after the expiration of the leasing period, or upon termination by either party with proper notice, all rights to occupy and use the property return to the lessor. The resident must clear all their belongings, and return keys and other property provided for their use. If the resident fails to vacate by the termination date, they may be held liable for additional rent and damages. On the other hand, if the lessor cannot deliver possession of the property on the agreed date due to unforeseen circumstances like loss or destruction of the property or failure of prior residents to vacate, the lease may be terminated by either party with written notice, and any paid sums will be refunded.

User Paulius Dragunas
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