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| 1 | |
An interest conveyed from a lessor to a lessee in real property is known as a leasehold estate. |
| | A) | True |
| | B) | False |
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| 2 | |
Most states have enacted statutes that limit the amount of the security deposit the landlord may demand and also mandate the landlord to provide a written accounting to the tenant as to the disposition of the deposit after the tenant vacates the rental unit. |
| | A) | True |
| | B) | False |
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| 3 | |
Most states do permit landlords to absolve themselves from liability arising from their tenants' injuries in residential leases by including exculpatory clauses in leases. |
| | A) | True |
| | B) | False |
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| 4 | |
Lawrence and Theresa enter into an agreement whereby the rent is due on the first of each month. There is no statement as to the duration of the occupancy. In this situation, a periodic tenancy was created. |
| | A) | True |
| | B) | False |
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| 5 | |
If a landlord breaches the implied warranty of habitability, a tenant may be able to repair certain defects in the rental unit herself and deduct the cost of repair from the rent. |
| | A) | True |
| | B) | False |
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| 6 | |
Landlords make an implied promise that a tenant's possession will not be interefered with as a result of the landlord's act or omission. |
| | A) | True |
| | B) | False |
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| 7 | |
Larry and Tom enter into an agreement whereby Tom will lease Larry's apartment for one year. This type of tenancy is a: |
| | A) | Tenancy at sufferance. |
| | B) | Tenancy at will. |
| | C) | Periodic tenancy. |
| | D) | Tenancy for a term. |
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| 8 | |
Most states have laws that require residential landlords to maintain a rental unit or dwelling in clean, sanitary, and livable condition. This requirement is known as: |
| | A) | the implied warranty of possession. |
| | B) | the implied warranty of quiet enjoyment. |
| | C) | the implied warranty of habitability. |
| | D) | the implied warranty of fitness and repair. |
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| 9 | |
The primary difference between an assignment and a sublease by a tenant to a third party is that: |
| | A) | under an assignment, the original tenant remains liable to the landlord; under a sublease, the original tenant no longer has liability. |
| | B) | under an assignment, the third party acquires the rights and obligations of the lease to the landlord; under a sublease, the third party does not. |
| | C) | under a sublease, the tenant gives to the third party all of his remaining rights from the original lease; under an assignment, the tenant does not. |
| | D) | in a sublease, the third party "steps into the shoes" of the original tenant and essentially becomes the landlord's new tenant. |
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| 10 | |
All of the following are steps that a tenant may take (without the consent of the landlord) in order to remedy poor conditions in his residential rental unit except: |
| | A) | sue the landlord for damages. |
| | B) | terminate the lease. |
| | C) | repair and deduct. |
| | D) | move into another unit. |
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