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Lease Vocabulary

Authored by Sharon Anderson

English, Other

12th Grade

Used 3+ times

Lease Vocabulary
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8 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the difference between the LESSEE and the LESSOR?

The lessee pays the rent; the lessor collects the rent

The lessor pays the rent; the lessee collects the rent.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An EVICTION means that...

the lessor asked you to move.

the lessor makes you move.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

NON-PAYMENT means that...

the lessor did not pay money owed

the lessee did not pay the money owed

the lessee or the lessor did not pay the money owed

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Anybody who pays rent can live on...

house

the premises

security deposit

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The SECURITY DEPOSIT IS...

a deposit the lessee pays to the lessor to rent an apartment.

a deposit the lessor pays to the lessee to rent an apartment.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

VACATE means...

a lessor has to move out.

a lessee has to move out.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

RENTAL AGREEMENT means

an agreement between the lessee and the lessor.

an agreement between the lessee and the lessee.

an agreement between the lessor and the lessor.

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