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handbook chap4

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1.
1 point
A security deposit must be returned after a tenant moves out within:
2.
1 point
Interest paid on security deposits held for 365 days or more minus damages shall be:
3.
1 point
Transfer of a lease for the balance of the term is:
4.
1 point
A real estate broker usually represents:
5.
1 point
Sommes, a tenant at will, pays his rent on the 15th day of each month. On the 14th of April he received a notice to quit from his landlord. How long does he have to vacate the property?
6.
1 point
A security deposit for a three month rental on Cape Cod:
7.
1 point
A security deposit can be no more than:
8.
1 point
Dow gave Lowe a 30 day option to buy Dow's lot for $12,000. The following statements are correct EXCEPT:
9.
1 point
In a triple net lease, the tenant pays all expenses EXCEPT:
10.
1 point
That clause in a lease which relieves the the landlord from liability for a tenants' personal injury in common areas is a (an):
11.
1 point
A lease cannot be recorded unless it is acknowledged by the:
12.
1 point
A tenancy at will is:
13.
1 point
A lease may be terminated:
14.
1 point
A lease which provides for a step-by-step increase in rent at regular intervals is what kind of lease?
15.
1 point
In an option agreement there is usually no legal interest in the land until the option is:
16.
1 point
Four years still remain of a ten year lease. What kind of estate does the tenant hold in the property?
17.
1 point
The following will terminate a lease EXCEPT:
18.
1 point
Extended coverage is a rider generally attached to a:
19.
1 point
Net return on investment property is computed by deducting all expenses from:
20.
1 point
The owner of a real estate who leases it to another is a:
21.
1 point
A clause, in a lease, by which the lessor agrees with the lessee that the latter shall have the right to purchase the property at the same price as offered by a prospective purchaser, is called:
22.
1 point
A lease basing rental on portion of gross sales with a guaranteed minimum is what kind of lease?
23.
1 point
Another term is sometimes used for "tenancy for years." It is:
24.
1 point
Which one of the following types of tenancies does not apply to a lessor-lesse relationship?
25.
1 point
In order to establish appropriate rental rates, a property manager must:
26.
1 point
Apart from the actual sale of real estate there are two areas in which the broker plays a significant role. The are:
27.
1 point
A property manager should manage a property as if he was:
28.
1 point
When a leased property is sold, the sale has the following effect upon the tenant:
29.
1 point
The legal compensation of income received from the use of real property is called:
30.
1 point
A leased interest in property is what kind of an estate?
31.
1 point
A lease may be terminated:
32.
1 point
In a lease, habitability of the premises is:
33.
1 point
A true security deposit is:
34.
1 point
Dispossession of a tenant by a landlord is known as:
35.
1 point
Tenant A advises Agent B he wishes insurance to cover any rent difference he may incur after a fire. B should recommend:
36.
1 point
Fixtures under ordinary lease, at the expiration of the lease will be the property of:
37.
1 point
A lease for more than one year:
38.
1 point
A lease which requires the tenant to pay all expenses of the property in addition to his rent is called a (an):
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