Chapter 13 Flashcards
Tenant negotiations that can be performed by unlicensed agents who have been retained to manage an apartment building include:
a. accepting signed lease and rental agreements from tenants.
b. showing rental units and facilities to prospective tenants.
c. accepting rents and security deposits.
d. All of the above.
D
A property manager’s primary objective is to oversee the maintenance of rental property and:
a. fill vacancies with suitable tenants.
b. collect rent.
c. account to the landlord.
d. All of the above.
D
A(n) __________ runs for an indefinite period of time since it automatically renews monthly, and on the same terms, until modified or terminated by notice.
a. fixed-term lease
b. month-to-month rental agreement
c. tenancy-at-sufferance
d. None of the above.
B
To avoid disputes over who is responsible for any damage to the premises, the residential landlord and tenant complete and sign a(n) __________ before the tenant is given possession.
a. Notice of Nonresponsibility
b. open listing
c. right of first refusal
d. condition of premises addendum
D
A lease agreement conveying a term of occupancy exceeding __________ must be written to be enforceable, a requirement of the statute of frauds.
a. six months
b. ninety days
c. one year
d. None of the above.
C
A landlord under a month-to-month rental agreement can increase the rent or shift repair and maintenance obligations to the tenant by serving a(n):
a. unlawful detainer (UD) action.
b. 60-Day Notice to Pay Rent or Quit.
c. 30-Day Notice of Change in Rental Terms.
d. 30-Day Notice to Vacate.
C
A ________ provides a source of recovery for money losses incurred by the landlord due to a tenant default on monetary obligations agreed to in the rental or lease agreement.
a. tenant screening fee
b. security deposit
c. Real Estate Recovery Fund
d. savings account
B
If no repairs are made, the residential landlord must refund the security deposit, less reasonable deductions, within _____ days after a tenant vacates.
a. 7
b. 10
c. 21
d. 30
C
A tenant who commits a(n) __________ is served with a 3-Day Notice to Quit.
a. minor breach
b. incurable breach
c. nonmonetary breach
d. monetary breach
B
A(n) __________ is a set time period following the due date during which rent may be paid without incurring a late charge.
a. grace period
b. security deposit
c. pre-termination inspection
d. non-smoking addendum
A
