PT 6

A tenant has an estate for years. When her lease is over, she continues to remain in possession of the property but does not continue to pay rent. She now has an:

estate at sufferance

A net lease is one in which the lessee pays for:

-property taxes -insurance -operating expenses

All of the following are leasehold estates:

An estate for years an estate at will an estate at sufferance except: a life estate

What constitutes a "reasonable amount of time" when discussing a landlord's responsibility for making repairs for habitability?

Depends on the type of repair

A lease for more than one year must be in writing. To be valid in a court of law, it must be signed by the:

Lessor

A transaction where an owner sells his or her property to another party and leases the property from the new owner for a stated period of time is known as a:

Sale-lease back

A security deposit for an unfurnished residential property may not be for more than an amount equal to:

Two months rent

Which of the following legal documents gives marshal the authority to physically evict a tenant from a rental property?

Writ of possession

When a tenant transfers the remaining portion of his or her lease to another party, it is known as:

an assignment

The holder of a leasehold estate that is for a definite, fixed period of time has :

an estate for years