Quiz Ch. 73-78 Flashcards Preview

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Flashcards in Quiz Ch. 73-78 Deck (10)
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1
Q

Teneant negotiations thatt can be performed by unlicensed agents who have been retained to manage an apartment building include:

A

accepting rents and security deposits.

2
Q

Apartment complexes with __________ need to have a resident manager.

A

16 or more units

3
Q

The intangible image or opinion held about a property which affects its earning power is known as:

A

goodwill.

4
Q

A _____________ runs for an indefinite period of time since it automatically renews monthly, and on the same terms, until modified or terminated by notice.

A

month-to-month rental agreement

5
Q

To avoid disputes over who is responsible for any damage to the premises, the residential landlord and tenant complete and sign a ____________ before the tenatn is given possession.

A

condition of premises addendum

6
Q

A lease agreement conveying a term of occupancy exceeding ________ needs to be written to be enforceable, a requirement of the statute of frauds.

A

one year

7
Q

A ________ provision in a lease ensures application of California law when a dispute arises between a tenant and landlord.

A

choice-of-law

8
Q

A landlord under a month-to-month rental agreement can increase the rent or shift repair and maintenance obligations to the tenant by serving a:

A

30 Day Notice of a Change in Rental Terms.

9
Q

A __________ provides a source of recovery money losses incurred by the landlord due to a tenant default on monetary obligations agreed to in the rental or lease agreement.

A

security deposit

10
Q

If no repairs are made to a rented unit, the residential landlord needs to refund the security deposit, less reasonable deductions, within ________ days after a tenant vacates.

A

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