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Question 1 1. What is an encumbrance?
Question 2 2. Which of the following describes short term capital gains tax rates?
Question 3 3. Which of the following is the appropriate term for a piece of knowledge that would affect a buyer's decision to buy the property?
Question 4 4. What is the definition of wetlands as they refer to real estate?
Question 5 5. How are real estate agents paid for their services?
Question 6 6. Who is not entitled to a split of the real estate commission?
Question 7 7. When advertising real property online, which of the following information is NOT required?
Question 8 8. What is an example of real estate group boycotts?
Question 9 9. Which of the following is true concerning mortgages?
Question 10 10. Calvin not only has to make a loan payment every month but also escrow payments for insurance and taxes. Which of the following is the most precise name we can call Calvin's payment?
Question 11 11. In property tax assessment, what's a mill equal to?
Question 12 12. Jamie lives in a coastline area that hasn't flooded in five years, but has flooded often in the past. Which type of floodplain designation would FEMA likely assign to her land?
Question 13 13. Which of the following is authorized under a general power of attorney to act in the absence of the principal on a real estate matter.
Question 14 14. Paul hires Andy to be his sports agent. Paul hires Andy specifically to negotiate his NFL contract for the upcoming football season. Shortly afterward, Paul breaks his leg and can't play football for several months. What is the state of this agency relationship?
Question 15 15. The metes and bounds system originates from which set of laws?
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