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Name: Homework 10

horizontal rule

Instructions:  

horizontal rule

Question 1   Multiple Choice (1.0000 points)
  Question: Options to renew a lease favor the
 
    tenant.
landlord.
landlord and tenant.
None of the above
 

 
Question 2   Multiple Choice (1.0000 points)
  Question: The clause in a lease that could help a new starting business is the
 
    index clause.
step up clause.
pass-through.
expense stop.
 

 
Question 3   Multiple Choice (1.0000 points)
  Question: The transfer of a tenant's rights of all the remaining interest to a third party is called
 
    an assignment.
subletting.
subrogation.
release of liability.
 

 
Question 4   Multiple Choice (1.0000 points)
  Question: The tenant may terminate his lease when the landlord fails to provide essential services by claiming
 
    will noncompliance.
notice to quite.
actual eviction.
constructive eviction.
 

 
Question 5   Multiple Choice (1.0000 points)
  Question: Which is about the only reason that a manager should use a standard lease form?
 
    Inexpensive
May be out of date
Often require much revision
Manager is familiar with the legal ramifications and provisions