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The Landlord Test - #1







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Excuses!

How do you score as a landlord? Are you prone to landlord traps?

Answer the following multiple choice test questions and find out.

1. The most important thing to consider when qualifying a potential tenant is:

2. "Tenancy in common" refers to:

3. A late charge can only apply if:

4. The purpose of the tenant's security deposit is:

5. Select the phrase you should avoid when encountering one of your tenants.

6. The only good tenant is a:

7. To be enforceable, a lease must be:

8. The accomplished Landlord would agree that rent should be collected in the following fashion:

9. A tenant's welcome package should contain the following necessary information:

10. To be binding, a lease must be signed by the

Answer the following questions by choosing True or False.

11. Landlords must screen and qualify every prospect themselves. True or False

12. It is illegal for a landlord to obtain a credit report on a tenant without the tenant's written consent. True or False

13. The landlord may charge any size late fee he wants in his lease. True or False

14. If the tenant holds back rent for repairs, he may be evicted. True or False

15. The landlord must show his rental to every customer interested. True or False

 

Answers can be found at the bottom of this page.

Scoring:

  • 13-15 = professional Landlord
  • 10-12 = experienced landlord
  • 7-9 = about to become a sharp landlord
  • 5-7 = need to read some landlord books
  • 0-5 = We hope you are not currently a landlord, but if you are, you came to the right web site. You can gain the knowledge you need through our Q & A forum and by checking out the books we recommend.

 

LANDLORD TEST ANSWERS

  • 1. A
  • 2. C
  • 3. C
  • 4. D
  • 5. C
  • 6. D
  • 7. C
  • 8. D
  • 9. A
  • 10. D
  • 11. F
  • 12. T
  • 13. F (Only if the tenant agrees in writing and the state does not impose any limitations)
  • 14. T
  • 15. F
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