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Exam (elaborations)

LEASING AGENT EXAM UNIT 17 QUESTIONS AND ANSWERS

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  • Course
  • Illinois Leasing Agent
  • Institution
  • Illinois Leasing Agent

LEASING AGENT EXAM UNIT 17 QUESTIONS AND ANSWERS

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  • September 26, 2024
  • 44
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Illinois Leasing Agent
  • Illinois Leasing Agent
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43 Multiple choice questions

Term 1 of 43
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, the

tenant would be required to recover damages from the landlord


tenant would be entitled to a full refund of rent paid

tenant would be required to find a new tenant to take over the lease

tenant would be required to pay rent for the remaining lease term

Term 2 of 43
Rent would be best defined as

the legal process of transferring property ownership

the cost of maintaining a property

the act of buying real property

the consideration for the use of real property

Term 3 of 43
Under the negotiated terms of a certain residential lease, the landlord is required to maintain
the water heater. If the tenant is unable to get hot water because of a faulty water heater that
the landlord has failed to repair after repeated notification, which remedy would be available
to the tenant?

filing a forcible and detainer action


being refunded back rent by the landlord

assigning the lease agreement


abandoning the premises under constructive eviction

,Term 4 of 43
A lease would be terminated by which event?

the addition of new lease conditions


the expiration of the term of the lease

the increase in rent payments


the renewal of the lease agreement

Term 5 of 43
In Illinois, a landlord must give a tenant at lease 60 days written notice to terminate which of
these tenancies?

lease with an option to purchase

tenancy from year to year


from period to period

estate at will

Term 6 of 43
For a lease to be valid it must contain all of the following EXCEPT

the original lease is unaffected unless it contains a provision that prohibits such
subletting


a lease in which the tenant pays rent plus maintenance and property charges

The interest rate should be computed at a rate equal to that paid on a minimum deposit
passbook savings account at the state's largest commercial bank

a statement of the retention of the reversionary interest by the lessor


-the signatures of both the lessor and lessee
-a statement of the specific length of time
-description of the premises

,Term 7 of 43
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?

lessor


gradation

graduated

gross

Term 8 of 43
When a tenant sublets all or any part of the premises rented under a written lease

the original lease can only be terminated by the subtenant

the original lease is unaffected unless it contains a provision that prohibits such
subletting

the original lease is extended for a longer term


the original lease is automatically terminated

Term 9 of 43
If a landlord fails to provide heat to an apartment and the tenant is forced to vacate the
premises, this is an example of

inverse condemnation

actual eviction

tenancy in common

constructive eviction

, Term 10 of 43
If a leased building collapsed and the tenant was forced to move out, this could be called

inverse condemnation


constructive eviction

actual eviction

tenancy in common

Term 11 of 43
Under tenancy for years:

No notice is required to terminate the lease

The tenant has the right to sublease the property without permission

The lease automatically renews for another term

The landlord can terminate the lease at any time without cause

Term 12 of 43
In the event that it is necessary for a landlord to remove a tenant from the premises, he or she
does it by
A) refunding any rents paid.
B) refunding any security or other deposits paid.
C) filing a suit for possession.
D) using the minimum amount of physical force necessary.

the enforcement of a court order to remove a lessee

from period to period

filing a forcible and detainer action

The landlord owes the tenant no interest on the security deposit.

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