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Leases & Tenancies

National · Leasing & Property Management — free cheat sheet for the real estate licensing exam.

🔑 Leasing & Property Management

📋 The 1-minute cheat sheet

Gross = landlord pays expenses; rent is flat
Net / NNN = tenant pays taxes, insurance, maintenance
Percentage = rent + % of sales (retail)
Ground = long land lease; tenant builds
Estate for years = fixed dates (auto-ends)
Periodic = renews (month-to-month) until notice
At will = either ends anytime; sufferance = holdover

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Related in Leasing & Property Management

Lease Types — Who Pays WhatNational Leasehold Estates — Four FlavorsNational Security Deposits & Eviction BasicsNational Assignment vs Sublease (Leases)National Property Management AgreementNational Habitability & Quiet EnjoymentNational The Property Manager's PlaybookNational Commercial Lease EconomicsNational

Questions students ask

Is Leases & Tenancies on the real estate exam?

Yes. Leasing & Property Management is a scored domain on the real estate licensing exam, and this topic appears in the national portion.

Is this cheat sheet free?

Yes — every page on CinnaPrep's resource library is free to read, print and share. The app adds practice questions, mock exams and a readiness score.

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