The death of either the landlord or the tenant

Assignment Help Financial Management

Reference no: EM132003779

1. Which of the following leases is automatically terminated by the death of either the landlord or the tenant?

A. Gross lease

B. Tenancy for years

C. Estate from period to period

D. Estate at will

2. John’s lease expired at the end of the month. John new apartment is not ready so John is staying in his old apartment with prorated rent to the landlord. John is now a:

A. Holdover tenant

B. Tenant at sufferance

C. Sublessee

D. Tenant at will

3. A less-than-freehold estate is also known as:

A. A defeasible estate

B. Freehold estate

C. Leasehold estate

D. A Reversionary estate

4. Which of the following is NOT a Risk Management technique?

A. Retain

B. Control

C. Recover

D. Transfer

5. The first step in taking over the management of any property is to:

A. Enter into a property management agreement

B. Enter into an Option to manage agreement

C. Enter into a special agent agreement

D. Obtain a leasing agent specialist designation

Reference no: EM132003779

Questions Cloud

Would this be a good operationalization : Would this be a good operationalization? Dr Jackson wants to measure depression by asking for a person's level of suicidality.

The successful employee development programs : Discuss what organizations can do to provide recognition to supervisors and employees to assist in maximizing productivity.

Important determinant of sexual orientation : If genetics is the most important determinant of sexual orientation, which set of brothers will have the greatest likelihood of both having homosexual

Describe the background of the theorist : Describe the background of the theorist, And the compatibility of the theory to your personal philosophy of nursing.

The death of either the landlord or the tenant : Which of the following leases is automatically terminated by the death of either the landlord or the tenant?

What are some of the primary impairments : What are some of the primary impairments that need to manifest in order to change an individual's diagnosis from Substance Abuse to Substance Dependence?

Dissociative amnesia and dissociative fugue : Distinguish among Dissociative Amnesia and Dissociative Fugue? Which is more common? What might precipitate the emergence of each disorder?

Assess the role of a change leader and the common mistakes : Assess the role of a change leader and the common mistakes and challenges they face when initiating and bringing about change.

Minimum fixed rental fee plus percentage of gross income : Which of the following leases is based on a minimum fixed rental fee plus a percentage of the gross income.

User Account

All Pages