A lease that starts out with a definite period of time and ends up for an indefi

Question

A lease that starts out with a definite period of time and ends up for an indefinite period of is needed to terminate the lease is known as 7. time and notice A. B. Estate for years Tenancy at will C. Periodic tenancy D. Holdover tenancy 8. The lease that gives or uncertain term is best referred as s the tenant the right to possess property with the landlord's consent for an unspecified A. B. Estate for years Estate at will C. Periodic tenancy D. Tenancy at sufferance 9. A tenant that is in the property without the landlord's permission is A. B. Estate for years Estate at will C. Periodic tenancy D. Tenancy at sufferance 10. The elements of a valid lease are A. B. C. D. Mental capacity, legal objective, offer, acceptance, consideration Offer, acceptance, date, legal description, reality of consent Consent, legal objective, street address, offer, acceptance Mental capacity, legal description, street address, terms of the agreement 11. The tenant gives a $1000 security deposit to the landlord for the privilege of leasing the property, who does this security deposit belongs to? A. Landlord B. Lessor C. Lessee D. Property Manager 12. In 6. 1 of the state approved Real Estate Purchase Contract, it states that the seller has fee title to the property. In this scenario what does fee title mean? The seller is transferring to the buyer all of the bundle of rights The seller representing that the buyer needs to beware of the title The seller is representing that the property is insurable The seller is making no guarantees or warranties A. B. C. D.

Explanation / Answer

7) option (D) Hold over tenancy

8) option (D) Tenancy at sufferance

9) option (C) periodic tenancy

10) option (a) Mental capacity, legal objective, offer , acceptance, consideration

11) option (C) lessee

12) option (A) The seller is transferring to the buyer all of the bundle of rights

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