and Oregon Residential Landlord Tenant
Act Exam | Questions with 100% Correct
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Terms in this set (63)
the rent specified in the lease contract rent
contract
The rent that a property would economic rent
command in the open market
at the current time.
An act whereby a landlord retaliatory eviction
evicts a tenant in response to
some complaint made by the
tenant. This is illegal.
,A ________________ is the type of gross lease
lease used for apartments and
other residences. The rent
paid by the tenant/lessee to
the landlord /lessor is gross
income to the landlord out of
which the landlord will pay the
operating expenses of the
property (repairs,
maintenance, and other
operating expenses), as well
as property insurance
premiums and taxes from the
rent.
, A ______________ provides for the net lease
tenant to pay a rent amount
that is net income to the
landlord. In addition to the
rent, the tenant would also
pay some or all of the
property expenses, property
taxes, and property insurance
premiums separately.
The property expenses would
not include the debt service
(mortgage payments) of the
lessor.
This is the type of lease used
in sale-leaseback
arrangements, ground leases,
and long-term leases for
office space, retail space, and
industrial property.