This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How are leases used in the purchase of real estate? What will be an ideal ... (Read 54 times)

jparksx

  • Hero Member
  • *****
  • Posts: 570
on: Aug 2, 2018
How are leases used in the purchase of real estate?
 
  What will be an ideal response?

Question 2

What obligation does the landlord have under the terms of the lease?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dellikani2015

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Aug 2, 2018
Answer to Question 1

A lease may be used as a means for purchasing a home. It may also be used to permit a buyer of the real estate to gain possession when the closing date is delayed, or allow the seller to remain on the premises beyond the closing date.

Answer to Question 2

Landlords are required to rent a premises that is habitable and meets a minimum standard of suitability for human living. Other duties may be specified in the lease including the obligation to provide utilities and other services.


jparksx

  • Member
  • Posts: 570
Reply 2 on: Aug 2, 2018
Thanks for the timely response, appreciate it

raili21

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide The Real Reason Why They Repeat the Same 20 Songs on the Radio & TV Nationwide
How to use the discriminant to determine the value of k in a quadratic with no real roots How to use the discriminant to determine the value of k in a quadratic with no real roots
Determine the # of real roots from the equation Determine the # of real roots from the equation
Please help me with a Real Estate Course Problem Please help me with a Real Estate Course Problem
If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas? If CP for an ideal gas is 35.4 J/molK, which of the following is CV for this gas?
Number line (real numbers) Number line (real numbers)
Video: Eczema

For a complete list of videos, visit our video library