Renting

The most commonly accepted notice for leaving an apartment is what?

• 90 days
• 45 days
• 2 weeks
• 30 days

A sub-lease is an agreement where a tenant

• rents a basement apartment
• rents from the original owner
• rents from the original tenant
• rents a submarine

Most authorities claim that what percentage of your monthly pay is the safe amount to spend on housing?

• 10-20%
• 25%
• 40%
• 50%

Any permanent improvements on rental property become the property of the ...

• owner of the property
• tenant of the property
• new tenant moving in
• the sub-lessee

At which times in your lives would it be illogical (not recommended) to rent an apartment?

• You have an established job and family
• Your Job moves you around alot
• You are just newly married right out of college
• You are retired and want little responsibility

The owner of rental property is responsible for what kind of repairs?

• All repairs
• Only electrical
• Major or Structural repairs
• Only plumbing

A landlord should give how much notice before entering the premises of a rental property?

• 24 hours
• 48 hours
• 72 hours
• 30 days

Unless stated differently, most leases are for how long?

• 2 years
• 1 year
• 5 years
• 10 years

When subleasing, who is ultimately responsibility to the owner?

• The original owner
• The original tenant
• The new tenant (secondary)
• No one bears responsibility

When a landlord gives a written notice to take possession of a property, you are being ...

• Forclosed
• Bankrupt
• Evicted
• Arrested