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LANDLORD & TENANT
Trinidad & Tobago Hospitality & Tourism InstituteHospitality Law & Insurance: BC 229Lecturer: Ms. V. Maharaj
 
Leasehold
A leasehold estate gives a right to possession, use andenjoyment of land for a definite period of time.The nature of this tenure, signified by the words ‘landlord’ and‘tenant’, is that the tenant pays ‘rent service’ (now knownsimply as ‘rent’) to the landlord in return for the right tooccupy the land, and the landlord retains a right to levydistress against the tenant’s goods in the event of non- payment of rent and, more importantly, in somecircumstances, a right to forfeit the lease if the tenant is in breach of his obligations.
 
Essential Characteristics of Leases
There are three requirements for a right to occupy land to be capable of takingeffect as a lease:-
iv.
The right to exclusive possession must be given: this means that thetenant must be given the right to exclude all other persons from theland, including the landlord.
vi.
The duration of the lease must be certain: The general rule is that alease must have a certain beginning and a certain ending.
viii.
Payment of Rent.
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