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    Death During the Term of a Lease

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    Ann leases an office in Ted's building for a one-year term. At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to Ted.

    If Ann dies during the period of the lease, what happens to the leased property?

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    If Ann dies during the period of the lease, all of Ann's possessions and property that are in the building would become the property of Ann's next of kin. The same would apply for all of Ann's personal property and possessions, including the property in her home and all assets that she ...

    Solution Summary

    This solution discusses a death during the term of a lease.