Question

What is the impact of a lessee staying in possession of the property on the renewal of a lease?

A Staying in possession is irrelevant to lease renewal Correct Answer Incorrect Answer
B Staying in possession is a negative factor for lease renewal Correct Answer Incorrect Answer
C Staying in possession is a crucial element for lease renewal Correct Answer Incorrect Answer
D Staying in possession implies an automatic surrender of the lease Correct Answer Incorrect Answer

Solution

Staying in possession is a crucial element for lease renewal, Explanation: If lessee stays in possession of property it amounts to a very important element for renewal of lease. Whereas abandonment of possession completely reverses the situation and there is an implied surrender of lease.

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