"What doesn't kill you makes you stronger." Avid bicycle racer in my twenties and thirties. Realized I had to keep pedaling to finish the race! I use that logic in everything I do.
I'm truly thankful for all the people that have helped me along this journey! I make sure I do the same for other people.
"You can have everything in life, if you help enough people get what they want." -Zig Zigler
Thanks to my business interests and working in education for a long time, I soon will have plenty of time to work on another passion of mine…………Real Estate.
I have always wanted a Real Estate License and now I have the time to study and get my license!
So, to help my studying I’ve decided to add some definitions that people like yourself might be interested in.
Assignee: Party to whom a lease is assigned or transferred.
Leasehold or a Lease: An agreement, unwritten or written that transfers the right to exclusive possession and use of real estate for a definite time period.
Sublease: Transfer less than the entire leasehold, with the original lessee being liable.
Estate At Sufferance: A tenancy that is created when one is in the wrongful possession of real estate even though the original possession may have been originally legal.
I will be adding a whole bunch of definitions so come back often!