front 1 A one-year lease is an example of an estate from period to period. | back 1 true |
front 2 An estate at sufferance arises when a tenant who lawfully took possession of real property continues in possession of the premises without the landlord's consent after the right of possession has expired. | back 2 true |
front 3 The covenant of quiet enjoyment means that the lessee can occupy the premises without the annoyance of nuisances such as barking dogs or late-night motorcycles. | back 3 false |
front 4 A nondisturbance clause is a provision in a lease prohibiting the lessor from disturbing or interfering with the lessee's use of the premises, providing such use is NOT in violation of the terms of the lease. The provision in a lease that prohibits the lessor from disturbing or interfering with the lessee's use of the premises is the covenant of quiet enjoyment. | back 4 false |
front 5 In a gross lease, the tenant pays a fixed rent and some or all of the utility expenses, and the landlord pays all taxes, insurance, repairs, remaining utility expenses, if any, and maintenance connected with the property. | back 5 true |
front 6 In a net lease, the tenant pays most or all of the property charges, including hazard insurance and property taxes, in addition to the rent. | back 6 true |
front 7 The heirs of a deceased landlord are bound by the terms of existing valid leases. | back 7 true |
front 8 Federal fair housing and civil right laws affect landlords and tenants just as they do sellers and purchasers. | back 8 true |
front 9 A tenancy in which the tenant continues in possession after the lease has expired, without the landlord's permission, is | back 9 a tenancy at sufferance. |
front 10 If leased premises become unusable for the purpose stated in the lease, the tenant may have the right to abandon the property and sue and recover damages against the landlord in a legal action called | back 10 constructive eviction. |
front 11 Which type of leasehold estate lasts for a definite period of time and then ends? | back 11 Estate for years |
front 12 A tenant's lease has expired, but the tenant has not vacated the premises or negotiated a renewal lease. The landlord has declared that the tenant is not to remain in the building. This situation is an example of | back 12 tenancy at sufferance. |
front 13 A tenant signs a lease that includes the following clause: "The stated rent under this agreement will be increased or decreased every three months based on the percentage change in the consumer price index (CPI) for that period." What kind of lease has this tenant signed? | back 13 Index |
front 14 A lessee has a one-year leasehold interest in a house. The lease automatically renews itself at the end of each year. The lessee's interest is referred to as a tenancy | back 14 from period to period. |
front 15 A lessee who pays some or all of the property expenses, such as hazard insurance and property tax, has | back 15 a net lease. |
front 16 The tenancy that arises when a tenant who lawfully took possession of real property continues in possession of the premises without the landlord's consent after the right of possession has expired is | back 16 the estate at sufferance. |
front 17 If a tenant moved out of a rented store building because access to the building was blocked as a result of the landlord's negligence, | back 17 the tenant may be entitled to recover damages from the landlord. |
front 18 Which of the five rights to real property does the landlord sell to the tenant in a lease? | back 18 Possession |
front 19 An example of constructive eviction would be a tenant | back 19 who moves because the unit no longer has water. |
front 20 A lease agreement that contains language that permits a new landlord to terminate existing leases is | back 20 permissible and enforceable. |
front 21 A lease would be terminated by which of the following? | back 21 Expiration of the term in a lease for years |
front 22 Either a gross lease or a net lease may be | back 22 a percentage lease. |
front 23 The original owners of a commercial property may decide to pull their equity out of the property to use on other projects and reduce taxable income by paying rent to the property's new owner by means of | back 23 a sale-and-leaseback. |
front 24 A family's apartment lease has expired, but their landlord has indicated to them that they may remain on the premises until a sale of the building is closed. They will be charged their normal monthly rental during this period. The right held by the family is called | back 24 a tenancy at will. |
front 25 Rent would BEST be described as | back 25 consideration for the use of real property |
front 26 The lease that provides for the tenant to pay the LEAST amount of expenses other than rent is | back 26 the gross lease. |
front 27 A tenant signs a lease that includes a schedule of rent increases on specific dates over the course of the lease term. What kind of lease has this tenant signed? | back 27 Graduated |
front 28 A lease should contain all of the following provisions EXCEPT | back 28 a sale-and-leaseback clause. |
front 29 The covenant implied in a lease that ensures that the landlord will not interfere in the tenant's possession or use of the property is the covenant | back 29 of quiet enjoyment. |
front 30 The lessor, as the owner of the real estate, is usually required to allow the lessee to occupy the premises without interference from the owner or anyone else under the covenant of | back 30 quiet enjoyment. |