Leasing Agent Practice Exam Questions With 100% Correct Answers

Leasing Agent Practice Exam Questions With 100% Correct Answers Real Property includes: - answerair space Air rights are defined as: - answerextending into infinity Land ownership includes: - answersubsurface rights Anything affixed to the land with the intent of being permanent is: - answerreal property Which of the following is a test of whether an item is a fixture: - answerMethod of attachment Chapter #2 A contract is void if it: - answerhas an illegal purpose The law that requires certain contracts be in writing in order to be enforceable is the: - answerStatute of Frauds Every real estate contract must have an - answeroffer and acceptance The landlord is offering his apartments for rent, month-month. He plans to cancel all leases in three months to begin a major renovation. The landlord tells tenants he foresees no change and that they can expect to remain in the building as long as they choose. The landlords statement: - answerConstitutes fraud If the tenant signs the contract under duress, menace or undue influence, the contract is usually: - answervoidable by the tenant (leesse) The statute of frauds requires that real estate contracts be: - answerin writing in order to be enforeceable