Carrie is a commercial landlord, and David is a commercial tenant.  Carrie and David enter into a commercial lease, where David agrees to pay $1,200.00 every month on the 1st of each month to Carrie.  This is all that is stated about the rent.  What kind of rent is this? (Chapter 10)

A grantor transferring his legal rights to property via a deed must demonstrate that he has the capacity to transfer his rights.  How can a grantor show this? (Chapter 14) 

A/an ___________________________________ relationship occurs when one firm represents both the buyer and seller in a transaction. (Chapter 12) (2.5 Points) 

If there is no consideration exchanged in a real estate contract, is there a valid contract? (Chapter 13) (2.5 Points) 

A tenancy for years is a form of a/an: (Chapter 9) 

Zenith and Yolanda enter into a lease agreement.  Zenith is the landlord, and Yolanda is the tenant. The lease agreement states that Yolanda’s lease will run from January 1, 2015, until July 31, 2015. The lease agreement states that Yolanda shall pay Zenith $950.00 in rent on the 5th of every month. What kind of tenancy is this? (Chapter 9)

Relating back to the question above, why did you pick the answer you did? (Chapter 9) 

Frank decides to buy Evan’s home. Frank puts up $20,000.00 as a down payment, and he will get a loan for the rest. Frank gives Gary this money to hold. Gary would then be required to place this money in a/an escrow account. (Chapter 12) 

Calvin rents out his apartment to Darren. Darren and Calvin sign a lease. Inside the lease it says that Darren will be able to live in the apartment from August 1, 2022, through July 31, 2023.     In October, 2022, Darren dies.     Darren’s parents, Ellen and Frank, come forward and tell Calvin that they want to move into Darren’s apartment and take over his lease.     Calvin comes to you, his attorney, and tells you that he doesn’t want Ellen and Frank to take over the lease. Calvin wants to know whether Ellen and Frank have the right to take over their deceased son’s lease. Do they have any legal rights to do this? (Chapter 9) (2.5 Points) 

A/an  ______________________________________ is a method of co-ownership that is a joint tenancy between husband and wife. (Chapter 8) (2.5 Points)