PM - Chapter 4 Quiz - May 2010.doc

PM - Chapter 4 Quiz - May 2010.doc - Property Management...

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Property Management – 5th Edition Walt Huber, Arlette Lyons, and William Pivar, JD © May 2010, Educational Textbook Company Chapter 4 Quiz 1. Regarding an agreement to arbitration: a. the parties agree to give up the right to sue in a court of law. b. litigations costs are much lower. c. a quick resolution can be found. d. all of the above. 2. A tenant is prohibited from opening a competing location within a reasonable circle of the location in: a. a complete agreement. b. a radius clause. c. a competition clause. d. both b and c. 3. A residential lease might include a: 4. A clause which provides for periodic rent increases is called a(n):
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