Understanding The Terms Of A Lease Agreement is crucial for success in the TOEIC Reading section. Let’s dive into some practice exercises to sharpen your skills in this area.
Part 1: Incomplete Sentences
Test your grammar and vocabulary knowledge with these 30 questions. Choose the best word or phrase to complete each sentence.
-
The lease agreement __ that the tenant must pay a security deposit upon signing.
A) states
B) speaks
C) tells
D) mentions -
Rent is due on the first day of each month, with a __ period of five days.
A) grace
B) delay
C) extension
D) postponement -
The landlord reserves the right to __ the property with 24 hours’ notice.
A) inspect
B) intrude
C) invade
D) interrupt -
Any modifications to the property must be __ approved by the landlord in writing.
A) previously
B) prior
C) advance
D) formerly -
The tenant is responsible for __ utilities, including water, electricity, and gas.
A) all
B) every
C) each
D) whole -
Subletting the apartment is strictly __ without the landlord’s written consent.
A) prohibited
B) forbidden
C) banned
D) All of the above -
The lease has a __ of one year, after which it may be renewed.
A) duration
B) length
C) term
D) period -
Pets are __ on the premises, except for service animals.
A) not allowed
B) prohibited
C) forbidden
D) All of the above -
The tenant must give __ notice of at least 30 days before vacating the property.
A) prior
B) advance
C) early
D) pre- -
Any damage beyond normal wear and tear will be __ from the security deposit.
A) deducted
B) subtracted
C) removed
D) extracted -
The landlord is responsible for __ major repairs to the property’s structure.
A) maintaining
B) upkeeping
C) preserving
D) sustaining -
Rent increases are limited to once per year and must not __ 5% of the current rent.
A) exceed
B) surpass
C) overcome
D) transcend -
The tenant agrees to keep the property in a clean and __ condition.
A) sanitary
B) hygienic
C) orderly
D) All of the above -
Smoking is __ prohibited within the building and common areas.
A) strictly
B) severely
C) utterly
D) absolutely -
Failure to comply with the lease terms may result in __ of the agreement.
A) termination
B) cancellation
C) conclusion
D) cessation -
The landlord must provide __ notice before entering the property for non-emergency reasons.
A) reasonable
B) adequate
C) sufficient
D) All of the above -
Any disputes arising from this agreement shall be resolved through __ before litigation.
A) mediation
B) arbitration
C) negotiation
D) All of the above -
The tenant is required to maintain renter’s insurance to cover personal __ and liability.
A) belongings
B) possessions
C) property
D) All of the above -
The security deposit will be returned within __ days of the lease termination, minus any deductions.
A) thirty
B) 30
C) one month
D) four weeks -
Quiet hours are to be observed between 10 PM and 7 AM to ensure the __ of other residents.
A) peace
B) tranquility
C) serenity
D) All of the above -
The tenant must promptly report any __ or damage to the landlord.
A) malfunctions
B) defects
C) issues
D) All of the above -
Rent payments made after the due date are subject to a late fee of $50 per __.
A) occurrence
B) instance
C) time
D) All of the above -
The lease may be __ by mutual agreement of both parties with proper notice.
A) terminated
B) ended
C) concluded
D) All of the above -
Any items left behind after move-out will be considered __ and disposed of accordingly.
A) abandoned
B) forsaken
C) deserted
D) All of the above -
The tenant is responsible for maintaining a safe and __ living environment.
A) secure
B) protected
C) guarded
D) All of the above -
__ to the property’s exterior, including satellite dishes, are not permitted without approval.
A) Alterations
B) Modifications
C) Changes
D) All of the above -
The landlord agrees to provide working smoke detectors and carbon monoxide alarms as __ by law.
A) required
B) mandated
C) stipulated
D) All of the above -
Rent payments must be made by check, money order, or __ transfer.
A) electronic
B) digital
C) online
D) All of the above -
The tenant must not engage in any illegal activities on the __.
A) premises
B) property
C) residence
D) All of the above -
Any __ of this agreement must be made in writing and signed by both parties.
A) amendments
B) modifications
C) changes
D) All of the above
Part 2: Text Completion
Read the following passages and choose the best word or phrase to fill in each blank. This section tests your understanding of grammar, vocabulary, and context within lease agreements.
Passage 1
When signing a lease agreement, it’s crucial to understand all the (1)__ and conditions. The document typically starts with the (2)__ of both the landlord and tenant, followed by a description of the rental property. The lease (3)__ is clearly stated, usually ranging from six months to a year. One of the most important sections details the rent amount and (4)__ date.
-
A) terms
B) words
C) phrases
D) statements -
A) identities
B) names
C) titles
D) labels -
A) duration
B) length
C) period
D) time -
A) due
B) payment
C) delivery
D) submission
Passage 2
The security deposit is another crucial element of a lease agreement. This amount is (5)__ by the tenant at the beginning of the lease and held by the landlord as (6)__ against potential damages or unpaid rent. The agreement should clearly state the conditions under which the deposit may be (7)__ and the timeframe for its return at the end of the lease. It’s important to conduct a thorough (8)__ of the property before moving in to document any existing damage.
-
A) paid
B) given
C) offered
D) presented -
A) protection
B) insurance
C) guarantee
D) security -
A) withheld
B) kept
C) maintained
D) preserved -
A) inspection
B) examination
C) survey
D) review
Passage 3
Maintenance responsibilities are typically (9)__ between the landlord and tenant. The landlord is usually responsible for major repairs and ensuring the property meets (10)__ standards. Tenants, on the other hand, are often required to perform routine maintenance and keep the property (11)__ and sanitary. Any damage caused by the tenant’s negligence or misuse is their (12)__ to repair or replace.
-
A) divided
B) shared
C) split
D) separated -
A) habitability
B) living
C) residential
D) housing -
A) clean
B) tidy
C) neat
D) orderly -
A) responsibility
B) duty
C) obligation
D) task
Passage 4
Most lease agreements include clauses about (13)__ and subletting. Generally, tenants are prohibited from allowing others to live in the rental unit without the landlord’s (14)__. Violations of these terms can result in lease (15)__. Additionally, the agreement may specify rules regarding noise levels, pet ownership, and smoking on the premises. It’s essential for tenants to carefully review these (16)__ before signing the lease to ensure compliance and avoid potential conflicts.
-
A) occupancy
B) residency
C) habitation
D) dwelling -
A) permission
B) approval
C) consent
D) authorization -
A) termination
B) cancellation
C) ending
D) conclusion -
A) regulations
B) guidelines
C) policies
D) standards
interpreting supplier invoices and payments is another crucial skill for business professionals. Understanding these financial documents can help you navigate complex business relationships and ensure accurate record-keeping.
Answer Key
Part 1: Incomplete Sentences
- A) states
- A) grace
- A) inspect
- B) prior
- A) all
- D) All of the above
- C) term
- D) All of the above
- B) advance
- A) deducted
- A) maintaining
- A) exceed
- D) All of the above
- A) strictly
- A) termination
- D) All of the above
- D) All of the above
- D) All of the above
- B) 30
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
- D) All of the above
Part 2: Text Completion
Passage 1
- A) terms
- B) names
- A) duration
- A) due
Passage 2
- A) paid
- D) security
- A) withheld
- A) inspection
Passage 3
- C) split
- A) habitability
- A) clean
- C) obligation
Passage 4
- A) occupancy
- C) consent
- A) termination
- A) regulations
By practicing with these exercises, you’ll improve your ability to understand and interpret lease agreement terms, which is essential for success in the TOEIC Reading section. Remember to pay close attention to vocabulary related to legal documents, contractual obligations, and property management. These skills will not only help you in the TOEIC exam but also in real-life situations when dealing with rental agreements.
