Chap 12: Leasehold Estates Flashcards

1
Q
    1. If a landlord refuses to make a repair affecting the health and safety of the tenants, who should the tenant complain to?
      a. Department of Housing and Urban Development (HUD)
      b. Department of Urban Affairs
      c. Real Estate Commission
      d. Department of Health
A

d. Department of Health

Answer: D

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2
Q
    1. What is true regarding absentee landlords who live off-island?
      a. They must designate an agent who lives on-island to act on their behalf.
      b. They must hire a property manager who is a licensed agent.
      c. They must personally fly over to inspect the property twice a year.
      d. They must keep a bank account open in Hawaii to receive their tenants rental payments.
A

a. They must designate an agent who lives on-island to act on their behalf.

Answer: A

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3
Q
    1. Which one is NOT true under Hawaii’s Landlord Tenant Code?
      a. The lease may require that the tenant notify the landlord if he is to be absent for an extended period.
      b. Hawaii’s rent control laws are among the best in the nation.
      c. A Landlord can lock a tenant out overnight if he believes the tenant is abusing the premises.
      d. The code does not apply to a buyer who is purchasing a house and moves in, with the seller’s permission, prior to closing.
A

b. Hawaii’s rent control laws are among the best in the nation.

Answer: B

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4
Q
    1. Jordan Figueroa finally found a rental home that is perfect for his family. He is prepared to give the landlady a security deposit equal to one month’s rent, plus the first month’s rent when he signs the lease agreement. When he starts the write out his check, she stop him and tells him he also needs to give her the last month’s rent, because her previous tenant moved out without paying the last month’s rent and left the place a wreck. She had to spend his security deposit fixing it up and had to write off the last month’s rent. She wants to make sure that doesn’t happen again. What is true?
      a. If Jordan wants the house he’d better go along with it. He’ll be glad when he moves out and doesn’t have to pay that last month’s rent.
      b. The landlady is not permitted to ask for more than a security deposit equal to one month’s rent plus the first month’s rent.
      c. The landlord may collect any amount she wants provided the tenant agrees in writing.
      d. The Landlord-Tenant code is silent on this issue.
A

b. The landlady is not permitted to ask for more than a security deposit equal to one month’s rent plus the first month’s rent.

Answer: B

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5
Q
    1. If a Landlord raises the rent as revenge against a tenant who has complained to the Department of Health and others about the conditions of the premises, this is called:
      a. Constructive eviction
      b. Retaliatory eviction
      c. Constructive notice
      d. Notice of satisfaction
A

b. Retaliatory eviction

Answer: B

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6
Q
    1. Under a month-to-month lease, which one is NOT true under the Landlord Tenant Code?
      a. The landlord must give the tenant 28 days notice to vacate.
      b. The landlord must give the tenant 45 days notice to vacate.
      c. If the tenant gives the landlord 28 days notice that he is moving out, he is obligated to pay the full 28 days rent.
      d. If the landlord gives the tenant 45 days notice to vacate, the tenant may move out at any time during the 45 days, at which point he is no longer responsible for any further rent.
A

a. The landlord must give the tenant 28 days notice to vacate.

Answer: A

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7
Q
    1. What recourse does a landlord have if a tenant gets behind in paying the rent?
      a. he can seize the tenant’s personal property and hold it until he pays up, a remedy called “distress for rent”
      b. He can lock the tenant out until he pays up
      c. he may notify the tenant in writing that unless payment is received within 5 days, the rental agreement will be terminated.
      d. He can report the tenant to the Department of Rental Affairs and ask them to begin collection proceedings.
A

c. he may notify the tenant in writing that unless payment is received within 5 days, the rental agreement will be terminated.

Answer: C

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8
Q
    1. Which of the following terms would NOT be associated with a leasehold estate?
      a. Reversionary clause
      b. Fee conversion
      c. Renegotiation date
      d. Deed in lieu of foreclosure
A

d. Deed in lieu of foreclosure

Answer: D

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9
Q
    1. A potential tenant gives the landlord $500 for the first month’s rent and a $500 security deposit. Three days prior to the move-in date, the tenant changes his mind. The landlord spends $240 for advertising to re-rent the property. Assuming the landlord manages to find a new tenant immediately, how much of a refund is the original tenant entitled to?
      a. The entire $1000
      b. The first month’s rent of $500 only.
      c. The security deposit of $500 minus the $240 for advertising, a total of $260.
      d. All but the $240 for advertising, a total of $760.
A

d. All but the $240 for advertising, a total of $760.

Answer: D

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