BUS 311 Week 3 Chapter 024

1. A license gives a person the right of possession.

BT: Knowledge

PO: 1

True False

1. The person who agrees to pay for the use of real property is known as the landlord.

BT: Knowledge

PO: 1

True False

1. Conditions in a lease may specify certain restrictions on how property may be used.

BT: Knowledge

PO: 1

True False

1. Since leases are now viewed as contracts, commercial leases are subject to certain provisions of the Uniform Commercial Code.

BT: Knowledge

PO: 1

True False

1. Most state statutes provide that the landlord must give the tenant a specified, minimum number of days' notice of his or her intent to terminate the lease.

BT: Knowledge

PO: 2

True False

1. The rights and duties of the parties are usually stated in the lease. These rights may not be expanded or modified by relevant laws and regulations.

BT: Knowledge

PO: 3

True False

1. The landlord has the right to regain possession of the property in good condition at the end of the lease.

BT: Knowledge

PO: 3

True False

1. The law gives a tenant the right to make reasonable modifications to the leased property.

BT: Knowledge

PO: 3

True False

1. The law does not give a tenant the right to make reasonable modifications to the leased property.

BT: Knowledge

PO: 3

True False

1. The landlord has no obligation to reduce losses that may result from a tenant's

abandonment of premises.

BT: Knowledge

PO: 3

True False

1. In most states, a landlord has a duty to make reasonable efforts to reduce, or mitigate, his or her losses resulting from a tenant's abandonment.

BT: Knowledge

PO: 3

True False

1. Some courts have held that the landlord may be considered to be responsible for the actions of a tenant who denied another tenant his or her right to quiet enjoyment.

BT: Knowledge

PO: 3

True False

1. Most leases give a landlord the right to terminate the lease if the tenant fails to pay rent or violates any other material lease provision.

BT: Knowledge

PO: 4

True False

1. When a person is injured on leased premises, the question of liability does not arise.

BT: Knowledge

PO: 5

True False

1. The tenant is not responsible for injuries occurring on his or her own leased premises.

BT: Knowledge

PO: 5

True False

1. The owner of real property who gives up his or her right of possession is known as a(n):

A. executor.

B. bailor.

C. guarantor.

D. landlord.

1. The person who agrees to pay for the use of real property is known as the:

A. lessor.

B. warrantor.

C. tenant.

D. bailor.

1. The tenant can occupy a landlord's property only with the consent of the:

A. landlord.

B. bailor.

C. administrator.

D. executor.

1. The landlordtenant relationship can be created by a(n):

A. contingent contract.

B. statutory contract.

C. express or an implied contract.

D. arbitration agreement.

1. An agreement or promise in a lease to do a particular thing is known as a:

A. covenant.

B. condition.

C. warranty.

D. codicil.

1. The type of possession interest a tenant has in real property can vary considerably depending on the agreements between the parties and the provisions of the:

A. will.

B. lease.

C. gift.

D. sale.

1. A possession interest in which the lease continues for successive periods for the same length of timeweekly, monthly, or annuallyand is automatically renewed at the end of the period is a:

A. periodic tenancy.

B. tenancy for years.

C. tenancy at will.

D. tenancy at sufferance.

1. A _____ is somewhat open-ended, since it is automatically renewed at the end of the period, unless the landlord or tenant gives notice of his or her intent to not renew the lease.

A. periodic tenancy

B. tenancy for years

C. tenancy at will

D. tenancy at sufferance

1. A possession interest that is for a specific periodweeks, months, or yearsand automatically terminates on the expiration date is a:

A. periodic tenancy.

B. tenancy for years.

C. tenancy at will.

D. tenancy at sufferance.

1. A possession interest in which no specific time of lease is agreed upon is a:

A. periodic tenancy.

B. tenancy at will.

C. tenancy for years.

D. tenancy at sufferance.

1. A tenancy that exists when a tenant wrongfully extends tenancy beyond the agreed term is a:

A. periodic tenancy.

B. tenancy for years.

C. tenancy at will.

D. tenancy at sufferance.

1. A landlord's promise that the premises have no defects that would impair the health, safety, or wellbeing of the occupants is an implied warranty of:

A. merchantability.

B. habitability.

C. safety.

D. title.

1. The landlord has the right to collect the agreed-upon rent as provided in the:

A. sale deed.

B. quitclaim deed.

C. hire purchase deed.

D. lease agreement.

1. The landlord has the right to evict a tenant for the following reasons, EXCEPT:

A. nonpayment of rent.

B. illegal use of the premises.

C. tenant's sexual orientation.

D. any material violations of the terms of the lease.

1. The law gives a tenant the right to make reasonable modifications to the leased property in order to make it suitable:

A. for sale.

B. for use.

C. to sublet.

D. to gift.

1. The voluntary surrender of possession of leased premises is known as a(n):

A. abandonment.

B. covenant.

C. retreat.

D. conditional action.

1. Most written leases provide the covenant of:

A. quiet enjoyment.

B. livability.

C. safety.

D. possession.

1. The tenant has the right to ___ the leased premises for the duration of the lease.

A. gift

B. possess

C. inherit

D. sell

1. If the landlord interferes with the tenant's right of possession by evicting him or her without a court order of eviction, the tenant has the right to:

A. sell.

B. sub lease.

C. terminate the lease.

D. purchase the property.

1. When tenants transfer their entire interest in property for the remaining term of a lease it is a(n):

A. leasehold.

B. sublease.

C. eviction.

D. assignment.

1. A transfer of the tenant's interest for a part of the premises or for a part of the term of the lease is known as a(n):

A. abandonment.

B. constructive bailment.

C. power of attorney.

D. sublease.

1. If a landlord has violated the express or implied duty to provide the tenant with quiet enjoyment, the tenant may abandon the premises under the doctrine of:

A. actual eviction.

B. tenant eviction.

C. constructive eviction.

D. landlord neglect.

1. If the tenant has abandoned the premises, he or she is not relieved of the obligation to pay the:

A. agreed-upon rent.

B. interest on deposits.

C. maintenance charges.

D. insurance on property.

1. Making excessive noise, disturbing other tenants, or using residential premises for business purposes are considered to violate the provisions of:

A. actual eviction.

B. constructive eviction.

C. assignment of lease.

D. material lease.