Real Estate Principles: Q15/Chp 79-85 Flashcards
1) A tenant who commits a(n) \_\_\_\_\_\_\_\_ is served with a Three-Day Notice to Quit. A) minor breach B) incurable breach C) monetary breach D) statutory breach
B) incurable breach
2) 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) pre-payment period C) pre-termination inspection period D) delinquent period
A) grace period
3) The Three-Day Notice to Perform or Quit requires the tenant to vacate the premises or:
A) perform under the breached lease provision.
B) correct the incurable breach.
C) forfeit possession of the property and all furnishings.
D) subordinate their interest in the property.
A) perform under the breached lease provision.
4) Waste occurs when a tenant:
A) vacates and quits the premises.
B) neglects the premises and impairs its value by failing to maintain it as agreed.
C) subleases the premises to a subtenant without the landlord’s consent.
D) allows greater than five guests to stay in the premises overnight
B) neglects the premises and impairs its value by failing to maintain it as agreed.
5) When a tenant has resided in a residential property for one year or more, the landlord terminates the tenancy by giving the tenant a: A) 30-day Notice to Vacate. B) 60-day Notice to Vacate. C) 90-day Notice to Vacate. D) 120-day Notice to Vacate.
B) 60-day Notice to Vacate.
6) An owner-by-foreclosure who purchases a residential property at a trustee's sale for investment purposes may only terminate an existing residential tenancy by serving the tenant with a: A) 30-day Notice to Vacate. B) 60-day Notice to Vacate. C) 90-day Notice to Vacate. D) 120-day Notice to Vacate.
C) 90-day Notice to Vacate.
7) A landlord breaches the \_\_\_\_\_\_\_\_\_ when they fail to comply with building and housing code standards that materially affect health and safety. A) implied warranty of habitability B) unspoken gentleman's agreement C) implied agency duty of care D) statute of frauds
A) implied warranty of habitability
8) Construction of residential and commercial buildings is primarily regulated by the state of California through:
A) conditions, covenants and restrictions (CC&Rs).
B) building codes.
C) The Department of Real Estate (DRE).
D) The Department of Motor Vehicles (DMV).
B) building codes.
9) The placement of the building upon the lot is referred to as its: A) preference. B) zoning classification. C) orientation. D) location.
C) orientation.
10) The \_\_\_\_\_\_ establishes the conditions for approval of a subdivision map, and provides the planning commission the authority to regulate the design and physical improvements to be installed in a common interest development (CID). A) Subdivided Lands Act B) Subdivision Map Act C) local surveyor D) general contractor
B) Subdivision Map Act