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1. Under a sublease, the landlord can sue either the sublessor (tenant) or the subleassee to recover any missed rent payments
2. A Life Estate is a stronger form of ownership than a Fee Simple Absolute.
3. Although the accountant’s work papers are his or her property, the accountant must transfer them upon request by the client.
4. A two year lease must be in writing.
5. Under common law, a bailee is given the right to retain possession of the bailed property until the bailee has been paid for any charges for storage or repairs. This right is called:
conversion in trust.
6. A gift is only valid if the donee gives some consideration for the property that the donor gives.
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