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Question 1 1. Most real estate transfer fees are extremely _____ in nature.
Question 2 2. The total transfer fees that must be disclosed prior to, and paid for at a real estate closing, are most often determined by:
Question 3 3. What is a vacated road?
Question 4 4. What legal doctrine may allow a trespasser to take legal title of your property?
Question 5 5. Which of the following conditions could reasonably result in a seller being held liable? In none of these situations has the buyer been given any disclosure information.
Question 6 6. What is the main health concern from radon gas?
Question 7 7. Mary buys a tract of land that happens to include an old gold mine. Mary wants to know if she owns any rights to the mine. When Mary inspects the deed to the land, she'll need to look at:
Question 8 8. Marco leases the entire 5th floor of a downtown office building for his law firm. He'd like to add some antennas, for better WiFi reception, to the top of the building. Before he does this, he needs to know:
Question 9 9. What type of timeshare does not give you any ownership interest over the property but just lets you use the property for a specific period of time?
Question 10 10. A _____ transfers property to a _____ who owns and manages it for the _____.
Question 11 11. How do you know if something qualifies as personal property?
Question 12 12. Which of the following states does NOT use a system of metes and bounds as its primary survey method?
Question 13 13. 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 14 14. Which of the following cannot be placed into escrow?
Question 15 15. The Massachusetts Consumer Protection Law holds real estate agents to a higher standard than the general public, and consumers or the Attorney General may take legal action against _____.
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