, Principles of Real Estate 1- Champions
Quiz QUESTIONS AND ANSWERS 100%
CORRECT!
Contracts with a person who lacks mental capacity can be - ANSWER either void or
voidable
Community property is a concept of - ANSWER Spanish law, and marriage is regarded
as a partnership.
Intermediary Without Appointments. - ANSWER an agent will have the opportunity to
sell their own listing.
Oil and gas companies employ - ANSWER a large number of individuals with a real
estate background.
The NFIP - ANSWER offers flood insurance
The NFIP offers flood insurance to - ANSWER homeowners, renters, and business
owners
The vast majority of homes built in the United States are - ANSWER site built.
When a condominium is sold, three interests are created: - ANSWER fee simple
ownership of the unit, fee simple ownership in an undivided interest in the common
areas, and an easement to the airspace occupied by the unit.
The Bureau [CFPB] is responsible for enforcing - ANSWER federal consumer financial
law
To convert 152,460 square feet of land: - ANSWER 152,,560 = 3.5
Exclusive agency agreements - ANSWER list their properties with a broker, primarily to
expose their properties through the multiple listing service
Easements may be created by - ANSWER grant, reservation, implied grant,
prescription, necessity, condemnation.
Quiz QUESTIONS AND ANSWERS 100%
CORRECT!
Contracts with a person who lacks mental capacity can be - ANSWER either void or
voidable
Community property is a concept of - ANSWER Spanish law, and marriage is regarded
as a partnership.
Intermediary Without Appointments. - ANSWER an agent will have the opportunity to
sell their own listing.
Oil and gas companies employ - ANSWER a large number of individuals with a real
estate background.
The NFIP - ANSWER offers flood insurance
The NFIP offers flood insurance to - ANSWER homeowners, renters, and business
owners
The vast majority of homes built in the United States are - ANSWER site built.
When a condominium is sold, three interests are created: - ANSWER fee simple
ownership of the unit, fee simple ownership in an undivided interest in the common
areas, and an easement to the airspace occupied by the unit.
The Bureau [CFPB] is responsible for enforcing - ANSWER federal consumer financial
law
To convert 152,460 square feet of land: - ANSWER 152,,560 = 3.5
Exclusive agency agreements - ANSWER list their properties with a broker, primarily to
expose their properties through the multiple listing service
Easements may be created by - ANSWER grant, reservation, implied grant,
prescription, necessity, condemnation.
