Real_Estate_Test_1.txt

When must the sellers discloser statement be provided to the buyer ?

A street in ur neighborhood has been paved by the city. How will that effect your tax bill ???

A method of legally describing land that involves baselines and range lines is the:

An area of land that is 1 mile by 1 mile is a:

An owner of property whose property is located next to a small body of water or stream has:

The right to use some else's property for a purpose is known as:

In addition to the meridian, the base line intersects with ?

An owner that does not have the right of survivorship is?

When an estate is owned by a husband and wife it is usually known as:

When a person owns property alone he/she is known as:

When 2 or more individuals own property without rights of survivorship and in unequal portions, they probably own it as:

The reason a married man who owns property alone must have his wife join him in signing the deed at the closing is because:

The right of the government to make laws for the use of land is known as:

A broker is concerned about a trespass over a property. How should he help the owner verify such an encroachment?

An easement by prescription is obtained by:

A right, privilege or improvement that passes along w/ the property is/are:

A complaint alleging discrimination can be filed with the Department of Housing and Urban Development within a period of:

A practice Of showing minority buyers houses in predominantly minority neighborhood is known as:

To suggest to property owners that their property may be losing value due to entry of minority's into the neighborhood is called:

An owner contacted an agent asking to list property but minority's would not be allowed to buy, the agent must:

A lending institution has a policy of not making loans in a certain part of town because it's populated mostly by minorities. Although they would not state the reason on there reject letter, they make sure they find something wrong the applicant to turn him down. This practice is known as:

Which act prohibits discrimination because of race with out exceptions?

A claws in the law that allows an individual to continue a non-conforming use after a zoning law has changed is called:

When the property does not match the zoning allowed, the situation is best referred to as:

A developer who wants to build a house in a subdivision with a 20 foot setback instead of the 30 feet allowed under the ordinance must obtain a:

When the deed limits the use of property this is knowns as:

Jillian want to build a department store on land zoned residential single family . She must apply for and receive:

Regulations established minimum distance between the lot line and where the improvement can be erected is/are known as the:

When zoning laws allow a certain use but deed restriction limits that same use, the one that would prevail is the:

Zoning laws mainly address:

The concept of "air space" is found in the following type of ownership:

A condominium owner wants to make changes to the exterior of his unit. He must:

Condominium association fees are used to:

A concept of ownership reflected in leasing units after purchasing stock in a corporation that owns a multiunit complex is known as:

A concept of ownership reflected in leasing units after purchasing stock in a corporation that owns a multiunit complex is known as:

One of the advantage of condominiums ownership over a cooperative is:

An imaginary line running north and south that intersects w the baseline is:

A method legally describing land that uses monuments and point of beginning is the:

Imaginary line running six miles apart parallel to the baseline are called:

Of the different methods of appraising property what is the most appropriate for appraising vacant land ???

When using the market data approach, what does the appraiser take into consideration?

A one car garage in a neighborhood with 2 car garages is an example of:

When a house is located in a neighborhood with several boarded up houses and gangs on the street, this property losses value due to:

When appraising a brand new house, the best method used is the:

What is the most suitable for income property evaluation?

The price that a willing buyer will most probably pay a willing seller under no pressure, and provided that property is available on the market for a reasonable length of time, is known as:

A factor which an appraiser multiplies gross income from property by to apprise its value is:

In estimating the square foot of a building for replacement purposes, an appraiser would use:

To determine the value of a church, the appraiser will probably use:

A 10k sq ft mansion surrounded by $1,500 sq ft homes would most likely be appraised using:

A person who give authority to represent him is the:

Listing agent knows that seller is anxious and willing to take less than the listing price, and the buyer asks if the agent recommends any other price besides the asking price. The agent must:

As a buyer's agent, a broker feels that property is overpriced, but buyer indicated willingness to offer full price. What should the broker do?

As the agent of a buyer, you know that a certain bank is offering lower interest rates than what the buyer thinks he can get from another lender where the mortgage loan officer is a friend of the buyer. Your duty is to:

A broker is hired under exclusive "right to sell" listing agreement and later is told by the owner that the owners daughter is buying the house directly from the father. The broker should:

John listed property and the was unavailable to sign the closing document but the attorney for the owner allowed John to sign on behalf of the owner. The owners attorney probably allowed John to sign prob because:

Upon purchasing property what are some encumbrances that will burden the title if left uncleared?