Ch 16 Exam Flashcards Preview

NV Real Estate Exam > Ch 16 Exam > Flashcards

Flashcards in Ch 16 Exam Deck (10)
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1
Q

Nevada landlord – tenant law applies to the following types of properties:

A

Single-family residential property and apartment complexes.

The landlord – tenant law only applies to residential property.

2
Q

A property management agreement should include:

A

The agency agreement including the scope of authority been given, the owners responsibilities, and method of dispute resolution.

3
Q

In Nevada a month-to-month rental agreement may be terminated by the tenant as of the end of the month, but only if the tenant gives the landlord at least _________ written notice.

A

30 days

4
Q

After the tenant moves out, the landlord must return his or her security deposit or a written explanation of why the deposit will not be returned within ________ of the move out date.

A

30 days

5
Q

A tenant has the following obligations under the landlord tenant law:

A

Pay rent, dispose of garbage, and keep the premises clean and sanitary.

The tenant is not required to restore the promises to a new condition. A tenant is only required to restore the premises to the condition they were in at the time the tenant moved in.

6
Q

The withholding of essential services is an illegal act known as:

A

Constructive eviction.

7
Q

A lease can be terminated by a landlord when:

A

The tenant uses the premises for an unauthorized purpose and the premises are destroyed and there is no covenant to replace or repair.

8
Q

All of the following our duties performed by a property manager, except:

A

To file tax returns for the owner.

A property manager must show units to prospective tenants, to advertise the property, and to conduct day-to-day business necessary to maintain the property.

The filing of tax returns requires a law, accounting, or tax practitioner license.

9
Q

A property manager:

A

Is an agent of the property owner.

Has a fiduciary responsibility to the owner.

10
Q

If a tenant fails to perform his or her duties, the landlord has the following rights:

A

Evict the tenant through court action and sue the tenant for damages.

Turning off the tenants utilities and locking the tenant out of his or her unit are examples of constructive eviction, which are illegal.