The non-disturbance clause found in the loan comes into play when and protects whom?

(a) default on loan: lessee
(b) loan is paid off: lessee
(c) eminent domain: lessor
(d) default on lease: owner

Answer: (a) default on loan: lessee

Business

You might also like to view...

The owner of a small auto repair shop knowingly installs a used water pump in your car and tells you it is "brand new." This is:

A) fraud. B) duress. C) innocent misrepresentation. D) breach of contract.

Business

The courts are likely to provide remedies in all but which of the following cases?

A) A person refuses to return your friend's book. B) A passerby refuses to help rescue a drowning woman. C) A person pushes a man into the lake. D) A person does not drive carefully on a busy street.

Business