+
Related Flashcards
Related Topics
Cards In This Set
| Front | Back |
|
How are fudiciary relationships created?
|
When an owner signs a property management agreement.
|
|
What paperwork should be included in a permanent file?
|
All paperwork pertinent to the leased property.
|
|
What are some of the most important things to and industrial tenant?
|
Space, transportation and good labor force in the area.
|
|
What do gross leases require the landlor to pay?
|
All upkeep and debts on the leased property.
|
|
When landlords do not keep properties habitable tenants my constructively evict themselves after how many days?
|
Fourteen (14)
|
|
What does preventive maintenance eliminate?
|
Corrective maintenance
|
|
What important factor should be considered when deciding if you should increase rental fees?
|
How many people will move out.
|
|
Who is responsible when a lease is assigned or subleased?
|
The original lessee.
|
|
Leases are a transfer of _____________ only.
|
Possession
|
|
What is blockbusting?
|
Inducing to sell or lease by claims of a minority movin in the neighborhood.
|
|
What law does blockbusting break?
|
The Fair Housing Act
|
|
In a net lease who is responsible for many of the landlord's expenses?
|
The tenant
|
|
Landlord's/Owners have a right of reversion. What is reversion?
|
The right of reversion is the property goes back to the owners at the end of a lease.
|
|
If a tenant vacates a property before the end of a lease, does this end the lease?
|
No
|
|
Explain a tenancy at will
|
Tenants can stay on the property past the time of the lease. Only lease that is broken by death.
|
