Chapter 23

Question 1

The person the Lessee finds to take over the lease

Answer 1

Assignee

Question 2

When a tenant finds someone to take over their lease

Answer 2

Assignment

Question 3

The name the lessee is termed when finding an assignee

Answer 3

Assignor

Question 4

The process by which the tenant may evict themselves and terminate the lease because of an action on the part of the landlord to maintain the property

Answer 4

Constructive eviction

Question 5

When the tenant evict themselves usually due to negligence on the owner side

Answer 5

Constructive eviction

Question 6

A special form of lease release payment escalations increase under a predetermined schedule

Answer 6

Graduated lease

Question 7

When only the land is leased, the tenant will own the buildings if any on the ground

Answer 7

Ground lease

Question 8

Tenancy holding over from a lease

Answer 8

Hold over tenancy

Question 9

A form of lease with the lease rate changes based on index such as consumer price index

Answer 9

Index lease

Question 10

A seller sells the property and leases the property back

Answer 10

Lease back

Question 11

A tenant who is leasing the property also secures an option to purchase the property at predetermined terms

Answer 11

Lease option

Question 12

Tenant usually pays for everything rent utilities, insurance property taxes

Answer 12

Net lease

Question 13

Payment to owner of property that an oil or gas company is drilling

Answer 13

Oil and gas lease

Question 14

Special form of commercial lease with the base amount of rent plus a percentage of the sales of the business

Answer 14

Percentage lease

Question 15

A lease of unspecified duration that does not automatically renew itself

Answer 15

Periodic tenancy

Question 16

To add more people onto your lease

Answer 16

Sublet

Question 17

What act stipulates the landlord is responsible for retaining a property that is safe for human habitation

Answer 17

Utah fit premise act

Question 18

A normal eviction from either non-paying of rent or noncomplying with the terms of the lease

Answer 18

Actual eviction

Question 19

In addition to the base, all of the following are also included in the lease amount, property, taxes, insurance, management, common area, maintenance, and utilities

Answer 19

Gross lease

Question 20

Part of lease one

Answer 20

Addresses, monies rent, fees, deposits, and the expectations, using separate rules and regulations of the landlord and tenant

Question 21

Part of lease two

Answer 21

Security deposit

Question 22

Part of lease three

Answer 22

Rent amount due date in late fees

Question 23

Parts of lease 4

Answer 23

Pests