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...
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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...