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Leasing agent Exam/25 Complete Questions with Answers
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Leasing agent Exam/25 CompleteQuestions with Answers
Real Property includes: - -air space
-Air rights are defined as: - -extending into infinity
-Land ownership includes: - -subsurface rights
-Anything affixed to the land with the intent of being permanent is: - -real
property
-Which of the following is a test of whether an item is a fixture: - -Method of
attachment
-Chapter #2 A contract is void if it: - -has an illegal purpose
-The law that requires certain contracts be in writing in order to be
enforceable is the: - -Statute of Frauds
-Every real estate contract must have an - -offer and acceptance
-The landlord is offering his apartments for rent, month-month. He plans to
cancel all leases in three months to begin a major renovation. The landlord
tells tenants he foresees no change and that they can expect to remain in
the building as long as they choose. The landlords statement: - -Constitutes
fraud
-If the tenant signs the contract under duress, menace or undue influence,
the contract is usually: - -voidable by the tenant (leesse)
-The statute of frauds requires that real estate contracts be: - -in writing in
order to be enforeceable
-After the tenant and the landlord have signed a rental contract, the
landlord changes her mind and defaults. The tenant sues the landlord to
force her to go through with the lease contract. This is known as a suit for: -
-Specific performance
-Which of the following best describes a contract that is voidable? - -A
contract that lets one of the parties withdraw from it
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