Property Management
A Minnesota tenant with Section 8 (Housing Choice Voucher) assistance pays $400/month while the housing authority pays $750/month to the landlord. If the tenant fails to pay their share, the landlord:
ACannot evict since the housing authority is paying most of the rent
BCan pursue eviction for non-payment of the tenant's share✓ Correct
CMust reduce the rent to only what the tenant can pay
DCan only increase the tenant's portion with housing authority approval
Explanation
In a Section 8 tenancy, the tenant's rent share is their responsibility. If they fail to pay, the landlord can pursue eviction for non-payment, just as with any other tenant.
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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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