RI Landlord & Tenant Act Quiz Questions Flashcards
A lessee is in possession of property under a
tenancy at will. Which of the following is TRUE?
a. The lessee has not received the
consent of the landlord to possess the property
b. The tenancy will terminate if the lessee dies
c. The tenancy was created by the death of the lessor
d. The tenancy has a definite termination date
The tenancy will terminate if the lessee dies.
Under a percentage lease, a commercial lessee may agree to pay
a. Maintenance
b. Real estate taxes
c. Insurance
d. A percentage of sales
A percentage of sales
The covenant implied in a lease that ensures that the landlord will not interfere in the tenant’s possession or use of the property is the covenant
a. Of seisin
b. Of quiet enjoyment
c. Of warranty forever
d. Against encumbrances
Of quiet enjoyment.
The owner of real estate who leases it to another is called the
a. Vendor
b. Lessor
c. Grantor
d. Trustor
Lessor
A lease should contain all of the following
provisions EXCEPT
a. A sale-and leaseback clause
b. Use of the premises
c. Possession of the premises
d. The term of the lease
A sale and leaseback clause
When a tenant holds possession of a landlord’s property without a definite lease term but with the consent of the landlord, this is called
a. Tenancy in common
b. Tenancy at sufferance
c. Tenancy at will
d. Trespassing
Tenancy at will
The principal difference between an estate for years and an estate from year to year is that an
a. Estate for years is a life estate
b. Estate for years cannot be terminate
c. Estate from year to year must be in writing
d. Estate from year to year has no expiration date
Estate from year to year has no expiration date.
A lease would be terminated by which of the following?
a. Sale of the leased premises
b. Death of the tenant
c. Abandonment of the leased premises by the tenant
d. Expiration of the term in a lease for years
Expiration of the term in a lease for years
An office rents for $450 per month and measures 12 feet by 20 feet. The advertised annual rent per square foot would be
a. $1,875
b. $4.50
c. $18.75
d. $22.50
$22.50
- All of the following are important functions of a property manager EXCEPT
a. Supervising the maintenance of the property
b. Protecting the physical integrity of the property
c. Meeting the functional requirements of the tenants
d. Preparing the owner’s income tax returns
Preparing the owner’s income tax returns.
Adaptations of property specifications to suit tenant requirements are
a. Tax-exempt improvements
b. Tenant improvements
c. Prohibited by most nonresidential leases
d. Generally not a good idea
Tenant improvements
The manager of a commercial building has many responsibilities in connection with the operation and maintenance of the structure. The manager would normally be considered the agent of
a. The building’s owner
b. The building’s tenants
c. Both the owner and the tenants
d. Neither the owner nor the tenants
The building’s owner
A management agreement is to property manager as a(n)
a. Listing agreement is to a broker
b. Lease is to a tenant
c. Deed is to a buyer
d. Assignment is to an assignee
Listing agreement is to a broker.
In determining rental amounts, a property manager considers the economic principle of
a. Marginal contribution
b. Supply and demand
c. Conformity
d. Balance
Supply and demand
All of the following should be considered in selecting a tenant for the property EXCEPT
a. Size of the available space relative to the tenant’s requirements
b. Tenant’s ability to make the rental payments
c. Compatibility of the tenant’s business with those of other tenants
d. Ethnic background of the tenant and his or her employees
Ethnic background of the tenant and his or her employees
