Who is an assignor of a lease?

A) a tenant who partially transfers his or her rights under a lease
B) a tenant who transfers all of his or her rights under a lease
C) a landlord whose property has been assigned
D) a landlord who sells property that has already been leased


B

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Answer the following statement true (T) or false (F)

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A breach by the buyer will shift the risk of loss to the buyer as soon as the breach occurs if the

risk has not already shifted. Indicate whether the statement is true or false

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You would like to buy a Harley Davidson and you can afford to make a down payment of $2,000 and pay monthly (end-of-month) payments of $1,320

If the term is 36 months and the loan rate is 9% (APR), then what is the maximum that you can pay for the motorcycle? A) $43,509.78 B) $41,509.78 C) $39,509.78 D) $40,095.71 E) $42,095.71

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The basis of a property: A)?Excludes depreciation

B)?Is the sale price. C)?Is its fair market value. D)?None of the above

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