Chapter 17: Leases

Question 1

Generally, an oral lease for five years is?

Answer 1

Unenforceable

Question 2

Rent would be best defined as?

Answer 2

The consideration for the use of real property

Question 3

If a landlord fails to provided heat to an apartment and the tenant is forced to vacate the premises, this is an example of?

Answer 3

Constructive eviction

Question 4

What tenancy does not involved a lessor-lesser relationship?

Answer 4

Tenancy in common

Question 5

Under the provisions of a typical commercial lease, any trade fixtures that remain in the property after the lease has expired will be the property of?

Answer 5

The lessor

Question 6

A lease would be terminated by what event?

Answer 6

The expiration of the term of the lease

Question 7

For a lease to be valid it must contain what?

Answer 7

The signatures of both the lessor and lessee

Statement of the specific length of time

Description of the premises

Question 8

The authority to carry out the eviction of a delinquent tenant from rented property is held by the?

Answer 8

Sheriff

Question 9

A tenants lease has expired, but the tenant has not vacated the premises or negotiated a renewal lease. The landlord has told the tenant to leave, but the tenant refuses to go. This type of occupancy is referred to as an estate…?

Answer 9

At sufferance

Question 10

A bakery leases space in a shopping mall. The lease does not specifically indicate who rid responsible for making repairs to the premises. The expense of making such repairs is generally?

Answer 10

Paid by the lessor

Question 11

When a tenant sublets all of any part of the premises rented under a written lease…?

Answer 11

The original lease is unaffected unless it contains a provision that prohibits such subletting

Question 12

What does not acquire title to real property?

Answer 12

Lessee

Question 13

The principal difference between an estate for years and an estate from year-to-year is that an estate…?

Answer 13

From year to year has no expiration date

Question 14

The lessee who pays some or all of the lessors property expenses has a ?

Answer 14

Net lease

Question 15

The covenant implied in a lease that ensures that the tenant will not be evicted by someone claiming ownership of the property prior to that of the lessor is the covenant?

Answer 15

Of quiet enjoyment

Question 16

A tenant has an estate for years. According to the written one year lease, the tenancy will expire may 1. For the landlord to obtain possession as if that date, he must give the tenant

Answer 16

No notice

Question 17

The owner of real estate who leases it to another is called the?

Answer 17

Lessor

Question 18

A lease that will terminate within one year of its inception?

Answer 18

Can be verbal

Question 19

What is actual eviction?

Answer 19

The enforcement of a court order to remove a lessee

Question 20

When a tenant holds possession of a landlords property without a definite lease term but with the consent of the landlord, this is called?

Answer 20

Tenancy at will

Question 21

In the event that it is necessary for a landlord to remove a tenant from the premises, the landlord acts by?

Answer 21

Filing a forcible and detainer action

Question 22

If a leased building collapsed and the tenant was forced to move out, this could be called?

Answer 22

Constructive eviction

Question 23

Under a tenancy for years?

Answer 23

No notice is required to terminate the lease

Question 24

A lessee is in possession of property under a tenancy at will. What is true?

Answer 24

The tenancy will terminate if the lessee dies

Question 25

Under a percentage lease, the lessee may be requested to pay?

Answer 25

A percent of gross receipts.

Question 26

A tenants lease does not terminate for five more years. The premises, however, have become too small to accommodate the tenants growing business. Another business owner is interested in leading the premises from the tenant for three years. What would the parties use for the tenant to lease the space to the business owner?

Answer 26

Sublease

Question 27

A young couple with a toddler and an infant want to lease an apartment in a complex that is occupied primarily by adults. The rental agent only shows the couple apartments on the first floor that face the complexes garbage dumpsters. What is true?

Answer 27

The rental agent should have showed the couple all available units

Question 28

The landlords lease prohibit tenant from altering the property. If a person who uses a wheelchair cannot maneuver in the units kitchen?

Answer 28

The tenant is entitled to make the necessary alterations

Question 29

A tenant is leading a house until he has saved enough money for the down payment to perform in the sale contract. What type of an arrangement is this?

Answer 29

Lease purchase agreement

Question 30

A lessee who is 17 years old signs a lease agreement. What is true?

Answer 30

The lease agreement is voidable

Question 31

An individual rents an apartment for one year. The landlord sells the building during the one year lease term. What effect does the sale have on the lease?

Answer 31

The sale does not affect the lease.

Question 32

The purpose of a security deposit is to?

Answer 32

Repair damage to the property caused by the tenant

Question 33

The lessor and lessee have agreed to a lease term of 5 years. How could the lessor ensure that the rental income during the term is reflective of the market conditions?

Answer 33

Negotiate an index lease

Question 34

A couple leased a banquet hall for their wedding reception. The lease began at 12:01 am on June 23 and ended at 1:59 pm on June 24. This lease is best described as?

Answer 34

Tenancy for years

Question 35

In which lease would you most likely find an escalator clause

Answer 35

Index lease

Question 36

A renters apartment lease has expired, but the landlord has indicated that the rented may remain on the premises until a sale of the building is closed. The renter will be charged the normal monthly rental during this period. The tenancy held by the renter is called?

Answer 36

An estate at will