Leases and Tenancies Quiz

What are the important rights for the property owner?

• Right to possess and occupy the property

• Right to fly a plane

• Right to cook in the property

• Right to drive a car

What are the important rights for the property owner?

• Right to possess and occupy the property

• Right to fly a plane

• Right to cook in the property

• Right to drive a car

What is a lease?

• A document granting the tenant the right to possess real estate owned by the landlord for a period of time

• A document granting the landlord the right to exclude others from the property

• A document granting the landlord the right to possess real estate owned by the tenant for a period of time

• A document granting the tenant the right to sell the property

What is the key difference between a lease and a license?

• Right to possess the property

• Right to exclude others from the property

• Right to sell the property

• Right to gift the property

What is a term of years tenancy?

• A tenancy with no specified duration

• A tenancy fixed for a specific duration of time

• A tenancy that can be terminated by either the tenant or landlord at any time

• A tenancy that allows the tenant to use the property for specific purposes

What is a periodic tenancy?

• A tenancy that allows the tenant to use the property for specific purposes

• A tenancy that can be terminated by either the tenant or landlord at any time

• A tenancy fixed for a specific duration of time

• A tenancy with no specified duration

What is a tenancy at will?

• A tenancy with no specified duration

• A tenancy that can be terminated by either the tenant or landlord at any time

• A tenancy that allows the tenant to use the property for specific purposes

• A tenancy fixed for a specific duration of time

What is a tenancy at sufferance?

• A tenancy with no specified duration

• A tenancy fixed for a specific duration of time

• A tenancy that can be terminated by either the tenant or landlord at any time

• A tenancy that allows the tenant to use the property for specific purposes

What is the body of laws governing the relationship between the landlord and the tenant?

• Landlord-tenant law

• Tax law

• Criminal law

• Family law

What is the right granted to the tenant in a lease?

• Right to exclude others from the property

• Right to gift the property

• Right to possess and occupy the property

• Right to sell the property