MISSISSIPPI REAL ESTATE EXAM, PSI REAL ESTATE TEST, MISSISSIPPI PSI EXAM, REAL ESTATE LICENSE PREP, PSI PRACTICE QUESTIONS, REAL ESTATE EXAM ANSWERS

MISSISSIPPI REAL ESTATE EXAM, PSI REAL ESTATE TEST, MISSISSIPPI PSI EXAM, REAL ESTATE 
 EXAM ANSWERS
Question : A tenant rented an apartment, signing a 15-month
lease. After the lease expired, the tenant paid 1 month's rent
and got a receipt. What kind of leasehold goes the tenant
have?
(a) gross lease
(b) proprietary lease
(c) tenancy at sufferance
(d) holdover tenancy
Correct answer: d
Question : How does a creditor who has obtained a
judgement get satisfaction against a debtor who will not pay?
(a) write of execution
(b) notice of default
(c) notice of lien
(d) unlawful detainer
Correct answer: a
Question : Timeshare ownership programs MOST often use
which of the following ownership forms?
(a) joint tenancy
(b) tenancy in common
(c) tenancy by entirety
(d) cooperative ownership
Correct answer: b

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