MN Life and Health Insurance Exam
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MN Life and Health Insurance Exam 
Lease Types 
Which type of tenant often uses a percentage lease? Options: a. Retail; b. Office; c. Residential; d. 
Industrial 
Answer: a. Retail; 
Lease Agreements 
What is a potential disadvantage for a buyer who enters into a lease with an option to buy contract? 
Options: a. The buyer/lessee could lose any funds credited to the purchase price if he breaches the 
lease's terms; b. The buyer/lessee could be forced to purchase the property if he decid...