Multiply Choice 1. Quick, Onyx, and Nash were deeded a piece of land as tenants in common.

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Multiply Choice
1. Quick, Onyx, and Nash were deeded a piece of land as tenants in common. The deed provided that Quick owned one-half the property and Onyx and Nash owned one-quarter each. If Nash dies, the property will be owned as follows:
(a) Quick 1⁄2, Onyx 1⁄2
(b) Quick 5⁄8, Onyx 3⁄8
(c) Quick 1⁄3, Onyx 1⁄3, Nash’s heirs 1⁄3
(d) Quick 1⁄2, Onyx 1⁄4, Nash’s heirs 1⁄4

2. Which of the following forms of tenancy will be created if a tenant stays in possession of leased premises without the landlord’s consent, after the tenant’s one-year written lease expires?
(a) Tenancy at will
(b) Tenancy for years
(c) Periodic tendency
(d) Tenancy at sufferance

3. To be enforceable, a long-term residential real estate lease must:
(a) Require the tenant to obtain liability insurance
(b) Define the tenant’s duty to mitigate
(c) Be in writing
(d) Specify a due date for rent
(e) All of the above

4. A tenant renting an apartment under a three-year written lease that does not contain any specific restrictions may be evicted for:
(a) Counterfeiting money in the apartment
(b) Keeping a dog in the apartment
(c) Failing to maintain a liability insurance policy on the apartment
(d) Making structural repairs to the apartment

5. A tenant’s personal property will become a fixture and belong to the landlord if its removal would:
(a) Increase the value of the personal property
(b) Cause a material change to the personal property
(c) Result in substantial harm to the landlord’s property
(d) Change the use of the landlord’s property back to its prior use

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Business Law and the Legal Environment

ISBN: 978-1111530600

6th Edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Dean A. Bredeson

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