Property Management
Under Massachusetts Chapter 186, a landlord must maintain rented residential premises in accordance with:
AThe landlord's discretion
BThe State Sanitary Code minimum standards of habitability✓ Correct
CStandards set only in the lease agreement
DHUD housing quality standards
Explanation
Massachusetts landlords are required under Chapter 186 and the State Sanitary Code (105 CMR 410) to maintain rental property in a habitable condition meeting minimum health and safety standards.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
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