CH 15

Pataasin ang iyong marka sa homework at exams ngayon gamit ang Quizwiz!

Any disturbance of the tenant's possession of the leased premises by the landlord whereby the premises are rendered unfit or unsuitable for the purpose for which they were leased is known as...? A) Constructive eviction BExpress eviction CActual eviction DAbsolute eviction

A) Constructive eviction

A lease in which the rental amount remains the same for the entire lease term is known as a...? A) Fixed lease B) Graduated lease C) Net lease D) Percentage lease

A) Fixed lease

A developer who wants to build on a vacant piece of land may opt for what type of lease...? A) Ground lease B) Graduated lease C) Net lease D) Percentage lease

A) Ground lease

An agreement for the use of land only, sometimes secured by improvements placed on the land by the user is known as a...? A) Ground lease BGraduated lease CNet lease DPercentage lease

A) Ground lease

A fixed lease is also known as a gross lease...? A) T (True) B) F (False)

A) T (True)

A lease must be in writing if the term is greater than one year...? A) T (True) BF (False)

A) T (True)

A net lease is commonly used with office tenants...? A) T (True) BF (False)

A) T (True)

Landlords may charge a late charge to the tenant if the tenant fails to pay the rent on time...? AT (True) BF (False)

A) T (True)

Retaliatory eviction is considered illegal...? A) T (True) BF (False)

A) T (True)

The landlord is responsible for making their apartments habitable for tenants...? A) T (True) B) F (False)

A) T (True)

The notice for termination of a lease must be in writing...? AT (True) BF (False)

A) T (True)

The right to quiet enjoyment is an example of an express covenant in a lease...? A) T (True) BF (False)

A) T (True)

Under a lease agreement, the tenant is entitled to quiet enjoyment of the apartment...? A) T (True) B) F (False)

A) T (True)

The maximum security deposit for an unfurnished apartment is...? A) 1 month B) 2 months C) 3 months D) 4 months

B) 2 months

A transfer of benefits and obligations within a contract to a 3rd party who is not originally a party to the contract is known as a/an...? A) Novation B) Assignment C) Dividend D) Sub-lease

B) Assignment

A landlord may use a tenant's security deposit as liquidated damages...? A) T (True) B) F (False)

B) F (False)

Security deposits may be non-refundable...? A) T (True) B) F (False)

B) F (False)

The courts tend to favor landlords over tenants...? A) T (True) B) F (False)

B) F (False)

A lease which provides for a varying rental rate, often based upon future determination, is known as a...? A) Fixed lease B) Graduated lease C) Net lease D) Percentage lease

B) Graduated lease

The maximum security deposit for a furnished apartment is...? A) 1 month B) 2 months C) 3 months D) 4 months

C) 3 months

The removal of a tenant by the landlord because the tenant breached a condition of a lease or another rental contract is known as...? A) Constructive eviction B) Express eviction C) Actual eviction D) Absolute eviction

C) Actual eviction

A lease requiring a lessee to pay charges against the property such as taxes, insurance and maintenance costs in addition to rental payments, is known as a...? AFixed lease BGraduated lease C) Net lease DPercentage lease

C) Net lease

In order to start the eviction process, the landlord must provide the tenant with a...? ANotice to Vacate BNotice to Foreclose C) Notice to Pay Rent or Quit DNotice to Evict

C) Notice to Pay Rent or Quit

A percentage lease is most commonly used with .............tenants? A) Residential B) Office C) Retail D) Industrial

C) Retail

What does a landlord receive from the courts that authorizes the Sheriff to evict a tenant...? ALis pendens BNotice to Pay Rent or Quit C) Writ of possession DUnlawful detainer

C) Writ of possession

A lease may be terminated by which of the following means...? AWritten notice BForeclosure CIllegal use of the premises D) All of the above

D) All of the above

Under a typical residential lease, the tenant is responsible for which of the following...? A) Paying rent B) Maintaining the apartment C) Disposing of garbage D) All of the above

D) All of the above

What type of lease is commonly used to rent residential apartments...? AGround lease BGraduated lease CNet lease D) Gross lease

D) Gross lease

A lease in which the rent is determined by the amount of business done by the lessee is known as a...? AFixed lease BGraduated lease CNet lease D) Percentage lease

D) Percentage lease

The right of a tenant to use the property without interference of possession is known as...? AEscheat BInterim enjoyment CPrivate possession D) Quiet enjoyment

D) Quiet enjoyment


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