Tenancies Study guides, Revision notes & Summaries

Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bus...

When is a new Property Manager required to complete their required CE hours by? - Answer-Oct 31st / 2nd renewal date When a property manager decides to not offer their services predominately in a Jewish area of town, this illegal practice is called ? - Answer-Redlining Management personnel who reside at the property are called ? - Answer-Site Managers When is the move-in condition report NOT required ? - Answer-When there is no security deposit collected law 70-25-206 How long after havi...

RECA Fundamentals Exam Questions and Answers Already Passed Which of the following is NOT a RECA educational resource for industry professionals? Spatial Information System (Spin 2) Which entity has the authority to amend the Real Estate Act Provincial Legislature Which of the following measures the change in a cost of a fixed basket of goods and services purchased by families over a period of time Consumer Price Index (CPI) Which of the following will occur to the supply of a good when ther...

When reviewing a credit report, landlords typically look at what 3 main elements? - correct answer - Credit score - Account history - Current status of accounts To be useful, a credit report should be current. A report from as little as ______________ does not accurately represent the tenant's current credit situation. It could have changed significantly in that time. - correct answer 3 months ago The credit score is a single number with a descriptor. The numbers typically range...

National Real Estate Exam - Guide to Pearson Vue Book, Question sections coverage. Rated A+. Verified. An estate for years - -The phrase definite duration refers to: A periodic tenancy - -A lease that automatically renews itself, in the absence of notice, is: $66,666 - -A man just sold a condo for $80,000. This gave him a 20% profit on what he paid. What did the man pay? $80,000/1.20 Signed by the grantor - -A requirement of a valid deed is that the deed be: The Truth In Lending...

CONTENTS OF A LEASE 4 RENT Market rent lease (rack rent lease) – typically 35 or 10 years long and will reserve a substantial monthly or quarterly rent Long lease (ground rent least) – usually a minimum of 99 years, will be granted for a premium and will reserve only a nominal rent Tenant may try to reduce the amount of rent it pays, e.g. if the landlord is in breach of its repairing obligation and the tenant has to carry out repairs itself → the landlord may try to stipulate that t...

In Idaho, a written notice is required before rent can be increased. On all periodic tenancies, the written notice must be given prior to the date the rent increase is to become effective and at least how many days before the end of the term? - Answer-The landlord must give 15 days' written notice on all periodic tenancies. A landlord has had a substantial increase in property taxes. The written lease agreement is for six months. There are four months left on the lease term. Which of the fol...

In Idaho, a written notice is required before rent can be increased. On all periodic tenancies, the written notice must be given prior to the date the rent increase is to become effective and at least how many days before the end of the term? - correct answer The landlord must give 15 days' written notice on all periodic tenancies. A landlord has had a substantial increase in property taxes. The written lease agreement is for six months. There are four months left on the lease term. Which ...

Humber Real Estate - Course 3, Module 9, Completing Agreements to Lease for Residential Tenancies 100% Pass When reviewing a credit report, landlords typically look at what 3 main elements? - Credit score - Account history - Current status of accounts To be useful, a credit report should be current. A report from as little as ______________ does not accurately represent the tenant's current credit situation. It could have changed significantly in that time. 3 months ago The credit score is ...

Humber Real Estate - Course 3, Module 9, Completing Agreements to Lease for Residential Tenancies |20 questions fully solved & verified for accuracy 2023/24

RECA Exam| 200+ Actual Questions and Verified Answers|100% Correct| 2023/ 2024 Q: Under the Residential Tenancies Act, when can a landlord enter a tenant's leased premises without consent or notice? A) When a fire alarm has sounded and the fire department requires access to all of the units to check for the source of the fire B) When the landlord has not seen the tenant or received rent in 2 months and newspapers are collecting at the front door of the premises C) When water is leaking in...