19. Brian wants to purchase a property but cannot qualify for a loan at this tim

Question

19. Brian wants to purchase a property but cannot qualify for a loan at this time. He has offered to rent from Jared with the intent to buy the house when his lease expires. This type of arrangement best describes A. Sale Leaseback 8. Assignment Lease C. Variable Lease D. Lease Purchase 20. Jay sells his property to Sally. Sally then rents it back from Jay. This best describes which of the following? A. Sale Leaseback B. Sublease C. Variable Lease D. Lease Purchase 21. When a tenant breaches a lease or improperly retains leased premises, the landlord may regain possession through a legal process known as: A. B. Constructive eviction Breach of contract C. Actual eviction D. Tenant at sufferance 22. When a landlord breaches any clause of the lease and the property becomes unusable or uninhabitable, the lease can be terminated and the tenant can vacate the premises. This action best describes: A Constrictive eviction B. Breach of contract C Actual eviction D. None of the Above 23. When a tenant transfers all of their rights and interest in a lease, it is known as A A sublease B. An Assignment C. Gross Lease D. Net Lease 24. When a tenant transfers less than all of their rights or interest in the lease, it is known as C. Gross Lease D. Ground Lease A. A sublease

Explanation / Answer

A. Sale Leaseback

B. Sublease

C. Breach of Contract

D. Constructive Eviction

e. An assignment

f. A sublease

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