Which of the following is NOT an element of the cash rent agreement?

Study for the 75 Hour Broker Pre Licensing Test. Study with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

In a cash rent agreement, certain key elements define the terms of the arrangement between the landowner and the tenant. The primary components typically include the amount paid to the landowner, which specifies the financial arrangement, the upfront payment of rental fees, which outlines how and when the payment is made, and the duration of the lease, providing clarity on how long the tenant can utilize the land.

Leases being signed at harvest is not a standard element of a cash rent agreement. Typically, leases are established and signed prior to the planting season to ensure both parties have a clear understanding of their rights and responsibilities. Signing a lease at harvest could create confusion regarding terms and conditions and does not align with the usual practice of documenting agreements ahead of time to secure the rental terms for the growing season.

Thus, the incorrect choice reflects an atypical practice not inherent to cash rent agreements.

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