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MMLU / A writer owned a building in a city. This was the only piece of real estate that…

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A writer owned a building in a city. This was the only piece of real estate that the writer owned. The three-story building had a store on the ground floor and apartments on the other two floors. The writer entered into a leasehold agreement with a shopkeeper, who would lease the first floor, where she planned to open a sporting goods store. After identifying the parties, the operative words of the lease were as follows: "Landlord hereby agrees to lease for the three years the first floor of his building in the city to tenant, reserving unto said landlord annual rental in the sum of 12,000payableinadvanceinmonthlyinstallmentsof12,000 payable in advance in monthly installments of 1,000. "At the moment of signing, the leasehold agreement entered into between the writer and the shopkeeper
Plain-text mathematical notation (without MathML)
A writer owned a building in a city. This was the only piece of real estate that the writer owned. The three-story building had a store on the ground floor and apartments on the other two floors. The writer entered into a leasehold agreement with a shopkeeper, who would lease the first floor, where she planned to open a sporting goods store. After identifying the parties, the operative words of the lease were as follows: "Landlord hereby agrees to lease for the three years the first floor of his building in the city to tenant, reserving unto said landlord annual rental in the sum of 12,000payableinadvanceinmonthlyinstallmentsof1,000. "At the moment of signing, the leasehold agreement entered into between the writer and the shopkeeper
Original LaTeX notation
A writer owned a building in a city. This was the only piece of real estate that the writer owned. The three-story building had a store on the ground floor and apartments on the other two floors. The writer entered into a leasehold agreement with a shopkeeper, who would lease the first floor, where she planned to open a sporting goods store. After identifying the parties, the operative words of the lease were as follows: "Landlord hereby agrees to lease for the three years the first floor of his building in the city to tenant, reserving unto said landlord annual rental in the sum of $12,000 payable in advance in monthly installments of $1,000. "At the moment of signing, the leasehold agreement entered into between the writer and the shopkeeper

choices

  1. created a periodic tenancy.
  2. could be terminated at will by either party.
  3. did not convey to the shopkeeper a term of years at law.
  4. was void, invalid, and had no legal effect.

subject

professional_law

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