Constructive eviction - Study guides, Class notes & Summaries

National Real Estate Exam Portion for Ohio Latest Update Graded A+ Tenancy at Will No written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance Tenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common Ownership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Tenants 2 or more people own equal righ...

At what point do obligations under the Landlord/Tenant Code End: A) The tenant vacates B) The tenant and Landlord resolve disbursement of the security deposit C) The tenant stops paying rent D) The landlord quits - Answer-A) The tenant vacates What minimum % of condominium owners must vote to change the By-Laws: A) 50% B) 51% C) 65% D) 67% - Answer-D) 67% An owner has a mortgage for $50,000 at 9% for 30 years with monthly payments of $403 per month. What is true of this loan? A) $135...

Oregon Real Estate Exam 2024 Comprehensive Review Constructive eviction - Answer>> Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance - Answer>> Mutual agreement to terminate lease The residential landlord and tenant act - Answer>> Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers home...

Oregon Real Estate Exam 2024 Comprehensive Review Constructive eviction - Answer>> Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance - Answer>> Mutual agreement to terminate lease The residential landlord and tenant act - Answer>> Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers home...

Given all of the laws prohibiting discrimination in housing, why does it still occur? - Answer-It often happens outside of the public eye. Tim, a new buyer client, is pre-approved for a mortgage loan of as much as $250,000. This information can help to _______. - Answer-Identify properties What is a margin, as it relates to an adjustable rate mortgage? - Answer-The number of percentage points that are added to the index to determine the rate In order to assist your clients with environm...

Constructive eviction - ANSWER Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance - ANSWER Mutual agreement to terminate lease The residential landlord and tenant act - ANSWER Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency - ANSWER Statutory law controlling the rights and duties...

National Real Estate Exam Portion for Ohio Questions & Answers 2023-24 Tenancy at Will - ANSWER-No written agreement, and can be terminated at any time by landlord or tenant Tenancy at sufferance - ANSWER-Tenant is allowed to live on property after lease is over but before they are forced off the property Tenants in common - ANSWER-Ownership where tenants could have different amounts of ownership. If passed away heir will take over the undivided ownership (no survivorship) Joint Te...

At what point do obligations under the Landlord/Tenant Code End: A) The tenant vacates B) The tenant and Landlord resolve disbursement of the security deposit C) The tenant stops paying rent D) The landlord quits - Answer-A) The tenant vacates What minimum % of condominium owners must vote to change the By-Laws: A) 50% B) 51% C) 65% D) 67% - Answer-D) 67% An owner has a mortgage for $50,000 at 9% for 30 years with monthly payments of $403 per month. What is true of this loan? A) $135...

In Illinois for over 25 units, a tenant is entitled to interest on their security deposit was held for how many months? - Answer 6 Which of the following does not require disclosure? A. Radon B. Felons living onsite C. Lead-based paint D. Termites - Answer felons living onsite What was the date of the first civil rights act? - Answer 1866 Is it permissable to refuse to rent to a person with a poor credit history? - Answer yes Who is acceptable to redline? - Answer len...

Constructive eviction - Answer Acts done or not done by the landlord which materially disturb or impair tenants occupancy so as the tenant is forced to leave Surrender and acceptance - Answer Mutual agreement to terminate lease The residential landlord and tenant act - Answer Covers leased structures used as home, residence or sleeping place. EXCLUDES nursing homes, lease to own, dorms, frats, resident managers homes Law of agency - Answer Statutory law controlling the rights an...