The Implied Warranty of Habitability in Lease Situations Requires

question 19

Multiple Choice

The implied warranty of habitability in lease situations requires:

• A) the landlord to ensure that the property is suitable for living.
• B) the tenants to maintain a habitable dwelling during the term of the lease.
• C) the tenants to comply with the city's housing codes.
• D) the landlord to terminate the lease if the warranty has been breached.

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Definitions:

Amortized

The process of gradually paying off a debt over a period of time through regular payments.

Mortgage Loan

A loan secured by real property through the use of a mortgage note.

Loan Up-To-Date

A loan status indicating that all payments are current and no installment is overdue.

Scheduled Date

A pre-arranged date on which an event is planned to occur, such as a payment or meeting.