Leasing Agent Chapter 2 Exam Questions And Answers 100% Solved

Leasing Agent Chapter 2 Exam Questions And Answers 100% Solved A contract is void if it: a. has an illegal purpose b. is a contract for the purchase of luxuries by a minor c. is not in writing d. has not been recorded - answera. has an illegal purpose The law that requires certain contracts be in writing in order to be enforceable is the: a. Statute of Frauds b. Statute of Limitations c. law of equity d. law of accord - answera. statute of frauds Every real estate contract must have a: a. grantor and grantee b. legal description c. acknowledgement by a notary d. offer and acceptance - answerd. offer and acceptance The landlord is offering his apartments for rent, month to month. He plans to cancel all leases in three months to begin a mjor renovation. The landlord tells the tenants he foresees no change and that they can expect to remain un the building as long as they can choose. The landlords statement: a. constitutes fraud b. is an innocent misrepresentation c. is a mistake d. cannot constitute fraud because it is a statement of opinion - answera. constitutes fraud If the tenant signs the contract under duress, menace or undue influence, it is usually: