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PRACTICE OF PROPERTY
MANAGEMENT - REAL ESTATE
COUNCIL OF ALBERTA E XAM
QUESTIONS AND ANSWER S
Question : Abandon
Correct answer: An action of a tenant who leaves the
residential premises before the end of tenancy, without giving notice to the landlord that they are leaving.
Question : Abandoned Goods
Correct answer: Any property a tenant leaves behind after
they move out of the residential premises.
Question : Agent
Correct answer: A person who has been given the
authority by another person, to undertake certain activities on their behalf.
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A leasing agent who is given the authority to enter into a residential tenancy agreement with a tenant on behalf of the landlord.
A building caretaker who is given the authority to enter the residential premises to make repairs on behalf of the landlord.
Question : Agreement or Contract
Correct answer: The promises made by two or more
people to each other, that each will do something that will benefit the other.
There must be agreement by all the persons on what they are promising each other.
Can be in writing or spoken words.
The residential tenancy agreement is a contract.
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In law, a contract is enforcible through the court.
Question : Assign or Assignment
Correct answer: A person assigns their right, or obligation
to another person, or the written document that transfers, a right or obligation.
An example is the tenant in a fixed term tenancy wants to move out of the residential premises before the end of the residential tenancy agreement. The tenant find someone who will move in and take over the tenants rights and obligations. The tenant wants to assign the residential tenancy agreement to this other person.
Tenant must get written permission from landlord to assign the premises.
The landlord may not refuse permission without reasonable grounds. Landlord must give the tenant a written reason to not assign within 14 days after receiving the request.
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If the landlord does not answer the request, within 14 days, the tenant may assume that the landlord agrees to the assignment.
Landlord is not allowed to charge a fee for giving consent to assignment.
Question : Breach
Correct answer: Refers to breaking, or not keeping, one or
more of the promises, a tenant and landlord made to each other in the residential tenancy agreement.
A breach can happen when either the tenant or the landlord doesn't do what they promised to do, or when they do some thing they promised not to do.