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.   Executed
B.   Effective
C.   Delivered
D.   Accepted
Question #3
When a landlord grants possession of a property to a tenant, this is called an act of what?
A.   Ownership
B.   Conveyance
C.   Clairvoyance
D.   Contract
Question #4
Which of these statements about recording a lease is true?
A.   A tenant who lives in a building that is being sold may want to have the lease filed as a public record.
B.   A lease must be recorded to be legally enforceable.
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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