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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