CA Real Estate Principles Course » 2021 » Section 11 Unit 3 Exam
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Question #1
This legal aspect of a lease establishes “privity of contract.”
A.
Conveyance
B.
Contract
C.
Statute of Frauds
D.
Covenant
Question #2
Which terms describes a lease that has been agreed to by both parties?
A.
Delivered
B.
Executed
C.
Accepted
D.
Effective
Question #3
When a landlord grants possession of a property to a tenant, this is called an act of what?
A.
Conveyance
B.
Contract
C.
Ownership
D.
Clairvoyance
Question #4
Which of these statements about recording a lease is true?
A.
A lease must be recorded to be legally enforceable.
B.
A tenant who lives in a building that is being sold may want to have the lease filed as a public record.
C.
Leases may only be recorded with the consent of the landlord.
D.
Landlords in California are obligated to record leases with public records.
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