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| 1 | |
A definite-term lease, also known as a __________, automatically expires at the end of the specified term. |
| | A) | Periodic tenancy |
| | B) | Recurring tenancy |
| | C) | Term of certainty |
| | D) | Term for years |
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| 2 | |
A __________ is created for a recurring term, such as month to month. |
| | A) | Tenancy-at-will |
| | B) | Tenancy-at-sufferance |
| | C) | Periodic-tenancy lease |
| | D) | Definite-term lease |
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| 3 | |
If a tenant fails to leave the property after the termination of the lease, a __________ lease is created. |
| | A) | Quitclaim |
| | B) | Tenancy-at-will |
| | C) | Tenancy-at-sufferance |
| | D) | None of the above |
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| 4 | |
Which of the following lease covenants represents the landlord's promise that he/she will not interfere with the tenant's use and enjoyment of the property? |
| | A) | Covenant of unfettered use |
| | B) | Covenant of reasonable use |
| | C) | Covenant of quiet enjoyment |
| | D) | Covenant of unrestricted enjoyment |
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| 5 | |
If leased property becomes unsuitable for use because of the landlord's wrongful or omitted act, a(n) __________ eviction has occurred. |
| | A) | Actual |
| | B) | Inalienable |
| | C) | Default |
| | D) | Constructive |
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| 6 | |
The __________ warranty of __________ is a requirement that the premises be fit for ordinary residential purposes. |
| | A) | Express, habitability |
| | B) | Implied, habitability |
| | C) | Express, quiet enjoyment |
| | D) | Implied, quiet enjoyment |
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| 7 | |
Areas of an office building or apartment complex such as yards, lobbies, elevators, stairs and hallways used by all tenants are known as __________ areas. |
| | A) | Cohabitation |
| | B) | Collaborative |
| | C) | Causeway |
| | D) | Common |
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| 8 | |
A rent __________ clause permits the landlord to increase the rent in association with increases in costs of living, property taxes, or the tenant's commercial business. |
| | A) | Acceleration |
| | B) | Escalation |
| | C) | Ascendancy |
| | D) | Appreciation |
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| 9 | |
A transfer of a tenant's entire interest in the leased property is a(n) __________. |
| | A) | Delegation |
| | B) | Deference |
| | C) | Assignment |
| | D) | Consignment |
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| 10 | |
If a tenant moves out of leased premises before the end of the term, has no intent to return, and has defaulted on rent payments, the tenant is essentially making an offer of surrender to the landlord. This tenant behavior is called __________. |
| | A) | Restitution |
| | B) | Resignation |
| | C) | Abandonment |
| | D) | Assignment |
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