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1. A lease or rental agreement should include which of the following?
Select Answer
A.Name and address of the owner or the property manager
B.Name and address of the Tenant
C.The number of Tenants and pets permitted to occupy the property
D.All of the above
2. Where is the rent paid?
Select Answer
A.A bank
B.The Title Company
C.According to the written agreement
D.The Real Estate Broker
3. The Landlord cannot perform which of the following actions?
Select Answer
A.Waive the legal rights of the Tenant
B.Require Tenant to pay Landlord’s attorney fees
C.Take the Tenant’s personal belongings
D.All of the above
4. The Landlord cannot discriminate based upon which of the following criteria?
Select Answer
A.Where the Tenant works
B.Color of the Tenant’s skin
C.How much money the Tenant makes
D.All of the above
5. The Landlord must provide the following:
Select Answer
A.Keep the common areas clean
B.Maintain refuse/trash disposal
C.Heat/running water
D.All of the above
6. How many hours’ notice must the Landlord give the Tenant in order to show the property?
Select Answer
A.12 hours
B.None
C.24 hours
D.48 hours
7. In order to raise the rent, how many days’ notice must the Landlord give to the Tenant?
Select Answer
A.10 days
B.15 days
C.30 days
D.60 days
8. What can a Tenant do if the Landlord does not provide adequate heat?
Select Answer
A.Move out
B.Make repairs and deduct the cost from the rent
C.Withhold rent
D.All of the above
9. The prospective Tenant must sign the Alaska Real Estate Commission (AREC) Consumer Pamphlet prior to renting a property when the property is being represented by a real estate licensee.
Select Answer
A.True
B.False
10. For what reason/s might a Buyer request early occupancy?
Select Answer
A.Lender requests Buyer occupy the property early
B.Buyer wants to move in prior to closing
C.Buyer is not qualified
D.Buyer wants to occupy until they can afford to purchase
11. How much can a Tenant be required to pay in prepaid rent and security deposit.
Select Answer
A.One month’s rent
B.Equal to two months’ rent
C.First month’s and last month’s rent plus a security deposit
D.No limit
12. Who might use the services of an Association Management Company?
Select Answer
A.Residential subdivision
B.Condominium project
C.Commercial condo building
D.All of the above
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