Jerrica just signed a lease agreement with Trevor, who owns several Kauai condos. Which of these statements regarding this lease is FALSE?

1) Jerrica can elect to use her canceled checks as receipts.
2) Trevor is prohibited from providing Jerrica with his GET number.
3) Trevor must provide Jerrica with a copy of the lease agreement.
4) Trevor must provide Jerrica with the owner or owner's agent's contact information.

Question

24-02-2025
Law

College

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Jerrica just signed a lease agreement with Trevor, who owns several Kauai condos. Which of these statements regarding this lease is FALSE?

1) Jerrica can elect to use her canceled checks as receipts.
2) Trevor is prohibited from providing Jerrica with his GET number.
3) Trevor must provide Jerrica with a copy of the lease agreement.
4) Trevor must provide Jerrica with the owner or owner's agent's contact information.

Answer :

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AkhilSachdeva AkhilSachdeva · Answer 1 · 2024-02-03T19:39:35-05:00

Final answer:

The false statement in the lease agreement scenarios for Jerrica and Trevor is that Trevor is prohibited from providing his GET number, which he likely needs to disclose for tax purposes option 4 is the correct answer.

Explanation:

The statement that is FALSE about the lease agreement between Jerrica and Trevor regarding Kauai condos is the second statement: "Trevor is prohibited from providing Jerrica with his GET number." In fact, Trevor likely needs to provide his General Excise Tax (GET) number for tax purposes related to the rental income.

The other statements are generally true in the context of leasing agreements: Jerrica can use her cancelled checks as receipts (statement 1), Trevor is obligated to provide Jerrica with a copy of the lease agreement (statement 3), and he must provide contact information for himself or his agent (statement 4).

Trevor is not prohibited from providing Jerrica with his GET number. The GET number is the General Excise Tax number, which is used in Hawaii for tax purposes. It is not a confidential or sensitive piece of information that needs to be shielded from the tenant. Therefore, statement 2 is false.