CSP Chapter 3 Quiz: Sign the Lease and Move In Quiz Please purchase the course before taking this quiz. 3 A tenant can ask for changes to a lease before they agree to sign the lease.1 True False 3 When a landlord and a tenant sign a rental lease agreement, the following is true:1 a. The lease can easily be changed whenever one party decides they want to. c. The lease doesn’t mean that much these days; times have changed. b. The terms of the lease are really just “targets” and don’t have to be strictly adhered to. d. Both the landlord and the tenant becoming legally bound to the terms of the lease. 3 Why is it important to conduct a full property inspection before moving in?1 b. It serves as a record to compare the property’s features and conditions at move out. d. All of these considerations are important. a. It serves as evidence of the property’s features and conditions at that given time. c. Tenants can use the report to point out problems to the landlord and have them repaired before move in. 3 Moving is considered one of life’s big stressors. What can you do to help reduce the stress of a move?1 b. Wait until the day before you move to ask friends or family to help you with the move. c. Don’t carefully wrap breakables items before moving them to save you some time. a. Throw all your belongings randomly into your car to move them. d. Carefully pack and label your moving boxes and keep an inventory of all your belongings. 3 What other documents are useful when recording a property inspection?1 d. answers a. and b. b. videos with date stamps a. photographs with date stamps c. photographs and videos without date stamps 3 What can a tenant expect to pay up front when signing a lease agreement?1 a. No deposits need to be paid when a new tenant signs a lease. c. Only a key deposit is due at the time of the signing. b. Only the first month’s rent is due at time of the signing. d. A variety of deposits (security, damage, pet, key, utilities) may be due at the lease signing. 3 A rental lease agreement gives all the rights to the landlord and none to the tenant.1 True False 3 What should you do if you’re going to be late making a rent payment?1 b. Move out in the cover of night to avoid the embarrassment. a. Avoid making any contact with your landlord. d. Contact your landlord as soon as possible and work out an agreement getting caught up. c. Lie and tell your landlord that you already paid; they must have lost your payment. 3 Why is it advisable never to pay rent or deposits in cash?1 a. It’s challenging to have that much cash on hand. d. Without a receipt, there’s no record of the payment, so there’s more chance for a conflict. b. A mistake might be made in the counting of the bills. c. A person is more likely to lose cash than a check. 3 What is the most significant difference between a landlord’s insurance and a renter’s insurance?1 b. The landlord’s insurance covers everything, including the building and the contents of the property. a. Different companies cover the different policies. d. The landlord’s insurance covers the building, and the renter’s insurance covers the contents of the rental property. c. The renter’s insurance covers everything, including the building and the contents of the property.