Leasing License Practice Exam

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Prepare for the Leasing License Test using our comprehensive flashcards and multiple-choice questions. Each question includes hints and explanations to enhance your learning experience. Excel in your examination!

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What is a tenant called who remains in the unit after the lease has expired without the landlord's consent?

Subtenant
Transient tenant
Holdover tenant
Contract tenant

The correct answer is: Holdover tenant

A tenant who continues to occupy a rental unit after the lease term has expired, without the landlord's consent, is referred to as a holdover tenant. This situation arises when the lease ends, but the tenant does not vacate the property. The holdover tenant can create various legal implications, as they may be liable for additional rent or face eviction proceedings. The dynamics of the holdover situation often lead to important discussions surrounding tenant rights, lease terms, and landlord obligations in the event of a tenant remaining on the property without a formal agreement in place. Other terms, such as subtenant or transient tenant, denote different types of rental situations and may not involve the lease expiration aspect. A contract tenant typically refers to anyone leasing under a legal rental agreement, which does not accurately describe someone who is in a holdover situation. Understanding these distinctions is crucial for both landlords and tenants to navigate leasing agreements effectively.