Quiz 9.1 Rental Agreements

A______________is the contract between a tenant and a landlord

• Lease

• Lessee

• Lessor

• tenancy

In a lease, the __________ is the tenant, and the lessor is the landlord.

• master

• lessee

• lesson

• property

A tenancy for 100 years or more has the effect of transferring absolute ownership of the property to the tenant.

• True

• False

A_________ is a tenancy that continues for successive, fixed periods of time.

• longterm

• federal

• periodic tenancy

• state

If a landlord does not want a tenant to assign or sublet a property, the lease must contain a covenant to that effect.

• True

• False

Another name for landlord is?

• lessee

• lessor

• caregiver

• master

An interest in real property that continues for an indefinite period of time is called?

• Terms

• Security Deposit

• Tenancy at Will

• Option to Renew

Sufferance occurs when a tenant does not leave the premises when the tenancy expires this is called?

• Tenancy at Will

• Periodic Tenancy

• Forever

• Tenancy at Sufference

A landlord is obligated to make repairs to keep rental property fit for habitation.

• True

• False

Trade fixtures generally become real property and must be turned over to the landlord at end of tenancy.

• True

• False