Landlor - Study guides, Class notes & Summaries

Superior Chapter 15 Landlord & Tenant Exam Questions and answers with 100% Complete solutions | verified &updated 2024| Graded A+ The concept of "constructive eviction" requires the lessor to keep the property in a "fit and habitable" condition. Which of the following areas of the property would apply under this doctrine? l. Common hallway leading to the apartment units ll. Parking lot - both The concept of "constructive eviction" requires the lessor to keep the property in a "fit and ...

HUD Housing Counselor Exam Questions and Answers 100% Pass Adjustable Rate Mortgage (ARM) - Correct Answer ️️ -Adjustable rate mortgages have an initial rate that applies for a defined period of time (typically from one month to 10 years), then adjusts at pre-determined intervals for the life of the loan. Interest rates can increase or decrease when adjusted. Adjusted Gross Income - Correct Answer ️️ -Gross income minus adjustments, or reductions, that one is eligible for, such as...

Florida RE Exam Practice Questions 1. c: Which tax lien is superior? a. Mechanic Lien Jan 2, 2013 b. Housing Lien March 30, 2013 c. Property Tax Lien Jan 1,2013 d. Mortgage Lien September 30, 2013 2. b: A landlord has how many days to make a claim on a deposit?

lease - ANSWERSAn agreement transferring the right to exclusive possession and use of real estate for a definite period of time. To create a valid lease, the landlord (lessor) must grant the right of possession to the tenant (lessee) but retain the right to retake possession after the lease term expires. leasehold - ANSWERSThe right to hold or use property for a fixed period of time at a given price, without transfer of ownership, on the basis of a lease contract. A leasehold is a fixed asset...

1 of 25 What describes a lease where the rent is based on a percentage of the monthly or annual gross sales made on the site? A proprietary lease An index lease A percentage lease A net lease - ANSWERSA percentage lease 2 of 25 How much notice must a landlord give a tenant to enter a rental property in most situations? 2 days 24 hours 12 hours 8 hours - ANSWERS24 hours 3 of 25 If a tenant is in default what can the landlord file to repossess the property and evict the tenant...

Tenancy - ANSWERSRenter's right to take exclusive possession, and use of the owners rental unit in consideration for rent Rental unit - ANSWERSOwner's house, duplex, condominium, or apartment made available to a renter Periodic rental agreement - ANSWERSmonth-to-month rental agreement rental period - ANSWERSLength of time (days, weeks, months) between the rent payments. security deposit - ANSWERSRefundable deposit at the landlord requires a tenant to pay at the beginning of the ten...

lease - ANSWERSAn agreement transferring the right to exclusive possession and use of real estate for a definite period of time. To create a valid lease, the landlord (lessor) must grant the right of possession to the tenant (lessee) but retain the right to retake possession after the lease term expires. leasehold - ANSWERSThe right to hold or use property for a fixed period of time at a given price, without transfer of ownership, on the basis of a lease contract. A leasehold is a fixed asset...

In the minds of European imperialists once Indians ceased to be powerful enough to demand respect or economically profitable as trading partners, they became merely obstacles to be removed. - True Puritans believed that religion was necessary to control the disorders of capitalism and competitive individualism. - True Bacon's Rebellion was neither a revolt against colonial authority nor a class conflict between "common people" and the planter ruling class. - False (Bacon's Rebellion was...

1 of 25 What describes a lease where the rent is based on a percentage of the monthly or annual gross sales made on the site? A proprietary lease An index lease A percentage lease A net lease - ANSWERSA percentage lease 2 of 25 How much notice must a landlord give a tenant to enter a rental property in most situations? 2 days 24 hours 12 hours 8 hours - ANSWERS24 hours 3 of 25 If a tenant is in default what can the landlord file to repossess the property and evict the tenant...