Solved

Which of the Following Statements Is TRUE

Question 53

Multiple Choice

Which of the following statements is TRUE?


A) A commercial lease is always granted to a corporation and a residential lease is always granted to an individual.
B) If the duration of a lease is three years or less, the parties must set a specific rent at the outset, and that amount cannot be altered during the term of the lease.
C) The covenant for quiet possession may apply even if both parties are deaf.
D) The right of distress is used more often for residential leases than for commercial leases.
E) If a residential tenant commits a breach of contract, the landlord is not expected to mitigate its losses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions