Real Estate Principles Questions & 100
g g g g g
% Correct Answers
g g
1. Zoninggisgundergthegcontrolgof:
a. privategparties.
b. governmentgagencies.
c. thegBureaugofgRealgEstate.
d. nonegofgthegabove.
✓ :~~ b.ggovernmentgagencies.
2. Easementsgappurtenantgaregforgthegbenefitgof:
a. homesteadedglandowners.
b. adjoiningg(neighboring)glandowners.
c. theggeneralgpublic.
d. governmentgusegonly.
✓ :~~ b.gadjoiningg(neighboring)glandowners.
3. Agcontractgthatgisgbindinggandgenforceablegingagcourtgofglawgisgsaidgtogbe:
Master01g|g September,g2024/2025 |gLatestgupdate
, 2g|gPgagggeg|g©gcopyrightg 2024/2025g|gGradegA+
a. proprietary.
b. illusory.
c. valid.
d. allgofgthegabove.
✓ :~~ c.gvalid.
4. Whogmakesgangoffergongagpropertygthatgisgforgsale?
a. Seller'sgagent
b. Offereeg(Seller)
c. Offerorg(Buyer)
d. Allgoftghegabove
✓ :~~ c.gOfferorg(Buyer)
5. Escrowsgbasegmonthlygprorationsgonghowgmanygdays?
a. 28
b. 29
c. 30
d. 31
Master01g|g September,g2024/2025 |gLatestgupdate
, 3g|gPgagggeg|g©gcopyrightg 2024/2025g|gGradegA+
✓ :~~ c.g30
6. Thegprocessgofgproportionallygdividinggrents,gpropertygtaxes,gandgfireginsurance
isgcalled:
g
a. subdividing.
b. titlegsplitting.
c. proration.
d. escrowgdebiting
✓ :~~ c.gproration.
7. Thegareagofgagrectangularglotgthatgisg50gfeetgwidegbyg100gfeetgdeepgis:
a. 2,500gsq.gft.
b. 500gsq.gft.
c. 5,000gsq.gft.
d. 50,000gsq.gft
✓ :~~ c.g5,000gsq.gft.
8. IfgthegInternalgRevenuegServicegisgusinggagminimumgofg39gyearsgforgstraight-
linegdepreciationgongcommercialgproperties,gwhatgwouldgbegthegannualgdepreciatio
ngon
, Master01g|g September,g2024/2025 |gLatestgupdate