Commercial tenancies are primarily governed by which type of law?

Prepare for the RECA Property Management Exam with multiple choice questions that offer hints and explanations. Ace your exam!

In the context of commercial tenancies, the primary form of law that governs these arrangements is Common Law. Commercial tenancies are often characterized by leases, which are contracts between landlords and tenants. The principles of Common Law, developed through judicial decisions over time, establish precedents that dictate how lease agreements are interpreted and enforced.

Common Law provides a framework for understanding the rights and obligations of both landlords and tenants, including aspects such as rent payment, maintenance responsibilities, and the remedies available in cases of breach of contract. This body of law is shaped by decisions made in previous cases, allowing for a consistent approach to resolving disputes that may arise within the context of commercial leasing.

In contrast, Statute Law encompasses laws that are written and enacted by legislative bodies, which can also apply to commercial tenancies but typically does not form the primary legal foundation. International Law governs relationships between nations and is not relevant in this context. Administrative Law deals with the rules and regulations governing the actions of governmental agencies, which is not directly related to private commercial leasing agreements. By understanding these distinctions, it's clear why Common Law is the key governing body for commercial tenancies.

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