Humber Real Estate Exam 3 2024 with 100% correct answers

"k" means - correct answer contract Lessee - correct answer The tenant Lessor - correct answer The landlord Reversion - correct answer The right to retake possession at a future date. A couple's one year lease expired, but they continue living on the premises. If they now pay rent on a monthly basis, this type of tenancy is - correct answer Periodic Lonnie and Connie had a one-year lease that ended November 30. They were still living in the apartment as of December 12 without a new lease and without the landlord's permission. They have become - correct answer Tenants at sufferance Current legal thinking with regard to owner's obligation under residential rental contract is that - correct answer the owner is obligated to keep the premises repaired The basic intent for real estate license laws and regulations was to - correct answer Protect the public In the following examples, who needs a real estate license? - correct answer A nonexempt person dealing in real property for others for compensation In which state are licensing examinations required for real estate license? - correct answer Every state