QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION LATEST 2025-2026
1. Landlord–tenant law governs:
A. Property appraisal
B. Rental relationships between owners and occupants
C. Mortgage lending
D. Title insurance only
Answer: B
Rationale: It regulates leasing and rental agreements.
2. A landlord is:
A. A borrower
B. Property owner who rents out space
C. A tenant
D. An appraiser
Answer: B
Rationale: Owner who leases property to others.
3. A tenant is:
A. Property owner
B. Person who rents property
C. Lender
D. Broker
Answer: B
Rationale: Occupies property under lease.
4. A lease is:
,A. Title document
B. Rental contract
C. Mortgage agreement
D. Appraisal report
Answer: B
Rationale: Legal agreement for rental terms.
5. A leasehold estate is:
A. Ownership interest
B. Temporary right to occupy property
C. Mortgage loan
D. Insurance policy
Answer: B
Rationale: Tenant’s legal interest in property.
6. A tenancy is:
A. Ownership transfer
B. Legal possession under lease
C. Title insurance
D. Tax lien
Answer: B
Rationale: Right to occupy property.
7. Month-to-month tenancy is:
A. Permanent ownership
B. Short-term renewable lease
C. Mortgage contract
D. Appraisal method
Answer: B
Rationale: Automatically renews monthly.
8. Fixed-term lease ends:
, A. Never
B. On a specific date
C. When rent increases
D. After appraisal
Answer: B
Rationale: Has set expiration date.
9. Holdover tenant is one who:
A. Leaves early
B. Stays after lease expires
C. Owns property
D. Sublets legally
Answer: B
Rationale: Remains without renewal.
10. Security deposit is:
A. Rent payment
B. Money held for damages or unpaid rent
C. Tax payment
D. Loan fee
Answer: B
Rationale: Protects landlord from loss.
11. Landlord’s main duty is to:
A. Evict tenants immediately
B. Provide habitable premises
C. Raise taxes
D. Approve loans
Answer: B
Rationale: Must maintain safe living conditions.
12. Tenant’s main duty is to: