George smith who owns his property fee simple grants a three year lease to tom green during the second year of the lease George sells the property to Ned Gray what happens to the lease when the sale closes

a) property cannot be sold and title transferred to a new owner when a lease is in effect
b) it must be negotiated between gray and Mr Green the leasee
c)the lease remains in effect with Mr gray and Mr green
d) it terminates

Answer: c)the lease remains in effect with Mr gray and Mr green

Business

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Deborah sells her property to Juan, but Juan fails to record the deed. Which of the following statements is true about unrecorded deeds?

A. The conveyance is invalid B. The deed is still valid between Deborah and Juan C. The deed provides constructive notice that Juan is the owner D. The property with the unrecorded deed will escheat to the county where it is located when Juan dies

Business

Kirsten is a media buyer working for a company that produces frozen side dishes and entrees

The marketing team at the company wanted to guarantee that advertisements for its new line of frozen desserts would be aired on at least two of the most popular new television series of the year. Based on this requirement, Kirsten most likely purchased the television advertising through ________. A) ad trafficking B) scatter buys C) media placement D) rate cards E) upfront markets

Business