Leasing Agent Exam Questions Chapter 3 With 100% Correct Answers 2024/2025

Leasing Agent Exam Questions Chapter 3 With 100% Correct Answers 2024/2025 A lease for a six month term would be classified as a: a. tenancy for years b. periodic tenancy c. tenancy at will d. tenancy at sufferance - answera. tenancy for years The tenant leases a property from the landlord for a one-year term from January through December. The The tenant transfers his interest to a friend for the month of June while he will traveling for business reasons. The tenant: a. has assigned his lease b. has sublet the property c. has no liability d. cannot make a partial transfer of his interests in the property - answerb. has sublet the property A tenant signs one-year lease for an apartment unit. After three months, the tenant is transferred to a different city by his company and asks to be released from the lease. The landlord agrees. This is called: a. tenancy at will b. a surrender and acceptance c. a tenancy at sufferance d. an abandonment - answerb. surrender and acceptance The term "lessor" is used to describe: a. any party to the lease b. a holder of less-than-freehold estate c. a person who manages rentals d. a landlord - answerd. the landlord A month-to-month tenancy is classified as: a. an estate for years b. an estate at will c. an estate at sufferance d. a periodic estate - answerd. a periodic estate An owner sells his property. There