NATIONAL STUDY | 暗記メーカー

暗記メーカー

NATIONAL STUDY

23問 • 1年前

ユーザ名非公開

問題一覧

1

A property manager needs to pay for some routine maintenance to one of the units in her apartment complex. Which bank account should she use?

The operating account for that specific apartment complex

2

Why do many property managers have separate operating and trust accounts?

It prevents the misuse of tenant funds for operating expenses.

3

An investor wants to purchase a property that's subject to an existing lease agreement, which includes the tenant's right to renew the lease. What is the investor's obligation, if any, to uphold the terms of the lease agreement?

He must honor that right and allow the tenant to renew at the end of the term.

4

Brynn’s listing agent told potential buyers that all offers on Brynn’s property would be considered at 5 p.m. on May 3. By that date and time, four offers had been made. The persons making these offers are the ______.

Offerors

5

Landlords must abide by all fair housing, civil rights, and ADA regulations as well as comply with all state and federal landlord-tenant legislation. What responsibility does the property manager have related to this?

The property manager, as the landlord's general agent, is responsible for upholding all the laws and regulations required of the landlord.

6

What type of arrangement allows the buyer to retain title to the property, but places a security interest in the property on behalf of the seller?

Purchase money mortgage

7

Rennie owns a 240-foot by 130-foot lot. How do you calculate the perimeter?

Add two times the length to two times the width.

8

The MARIA acronym helps to identify the five tests of a fixture. Which of the following tests refers to how and whether the item is attached to the property

Method of annexation

9

A homeowner's credit card company sued them in civil court for nonpayment. There was a judgment against them, and so now the homeowner has to sell their classic car and their primary residence to pay the credit card company. What type of lien did the company have?

General

10

A parcel of land measures one half mile by 3,000 feet. If price per acre is $4,200, what’s the list price for this parcel? Round to 10ths of an acre for your calculation.

$763,560

11

Rhonda hasn’t paid her HOA dues in two years. Her attorney recently informed her that her state grants HOA-related liens a super lien status. What does this mean?

The HOA lien takes priority over all other liens

12

Which of these is the best definition of real estate?

Land, plus all things permanently attached to it naturally or artificially

13

Widget Corporation just bought land on which it plans to build a new manufacturing facility. How is the land owned?

It’s owned as an estate in severalty

14

Which of these areas would be included in the livable area calculation?

A pool house connected to the house by a hallway

15

Which ownership type is defined by four unities: time, title, interest, and possession?

Joint tenancy

16

What are improvements with regard to property?

Artificial attachments to land that include items such as fencing, buildings, and walkways

17

Which of the following would be considered a foreign person according to FIRPTA?

A company incorporated in France with regional development offices in the U.S

18

Jane is selling her home to Micah. What must occur for Jane to effect a transfer of title to Micah?

Jane must deliver the deed to Micah.

19

When a buyer finances a newly built home with a Federal Housing Administration loan, what does the FHA require the builder to do?

Purchase a third-party home warranty to protect the buyer

20

Murphey's farm has been in his family for generations, since his great-great-great-grandfather received it as a land grant in 1862. What’s the beginning point of this property's chain of title?

Murphey, the current owner

21

Which document is used to give a buyer an overview of the title history and information about what is or isn't covered in a title insurance policy?

Preliminary report

22

Quad City National Bank has several REO properties on its books. Why does the bank own these properties?

The properties went through the foreclosure process and didn’t sell at auction.

23

Lawrence is a buyer closing on a home purchase for which he's obtaining financing. He receives a Loan Estimate from his lender. What's one purpose of this document?

To provide the estimated closing costs for Lawrence's loan

Plumbing Arithmetic Terms 5

Plumbing Arithmetic Terms 5

ユーザ名非公開 · 68問 · 13日前

Plumbing Arithmetic Terms 5

Plumbing Arithmetic Terms 5

68問 • 13日前

ユーザ名非公開

Practical Problems and Experiences 4

Practical Problems and Experiences 4

ユーザ名非公開 · 100問 · 13日前

Practical Problems and Experiences 4

Practical Problems and Experiences 4

100問 • 13日前

ユーザ名非公開

M#5: Principles of Leadership

M#5: Principles of Leadership

ユーザ名非公開 · 37問 · 1ヶ月前

M#5: Principles of Leadership

M#5: Principles of Leadership

37問 • 1ヶ月前

ユーザ名非公開

(Finals) Professional issues in Information Technology Mocktest BSIT 505

(Finals) Professional issues in Information Technology Mocktest BSIT 505

Xai Alexandrei Delos Reyes · 27問 · 1ヶ月前

(Finals) Professional issues in Information Technology Mocktest BSIT 505

(Finals) Professional issues in Information Technology Mocktest BSIT 505

27問 • 1ヶ月前

Xai Alexandrei Delos Reyes

Visitor Management

Visitor Management

adrian.canson · 18問 · 1ヶ月前

Visitor Management

Visitor Management

18問 • 1ヶ月前

competence 16

competence 16

Emm · 100問 · 2ヶ月前

competence 16

competence 16

100問 • 2ヶ月前

competence 16

competence 16

Emm · 150問 · 2ヶ月前

competence 16

competence 16

150問 • 2ヶ月前

bbme

bbme

Desa Mae Santiago · 22問 · 2ヶ月前

bbme

bbme

22問 • 2ヶ月前

Desa Mae Santiago

(Pre-Finals) Enterprise Architecture Mocktest BSIT 505

(Pre-Finals) Enterprise Architecture Mocktest BSIT 505

Xai Alexandrei Delos Reyes · 42問 · 2ヶ月前

(Pre-Finals) Enterprise Architecture Mocktest BSIT 505

(Pre-Finals) Enterprise Architecture Mocktest BSIT 505

42問 • 2ヶ月前

Xai Alexandrei Delos Reyes

(Pre-Finals) ASIA Mocktest BSIT 505

(Pre-Finals) ASIA Mocktest BSIT 505

Xai Alexandrei Delos Reyes · 44問 · 2ヶ月前

(Pre-Finals) ASIA Mocktest BSIT 505

(Pre-Finals) ASIA Mocktest BSIT 505

44問 • 2ヶ月前

Xai Alexandrei Delos Reyes

(Pre-Finals) Advanced Database Systems Mocktest BSIT 505

(Pre-Finals) Advanced Database Systems Mocktest BSIT 505

Xai Alexandrei Delos Reyes · 72問 · 2ヶ月前

(Pre-Finals) Advanced Database Systems Mocktest BSIT 505

(Pre-Finals) Advanced Database Systems Mocktest BSIT 505

72問 • 2ヶ月前

Xai Alexandrei Delos Reyes

complete

complete

LCB · 50問 · 2ヶ月前

complete

complete

50問 • 2ヶ月前

scoops test 7brew

scoops test 7brew

ユーザ名非公開 · 24問 · 2ヶ月前

scoops test 7brew

scoops test 7brew

24問 • 2ヶ月前

ユーザ名非公開

BBMEI OPERATION

BBMEI OPERATION

Desa Mae Santiago · 33問 · 3ヶ月前

BBMEI OPERATION

BBMEI OPERATION

33問 • 3ヶ月前

Desa Mae Santiago

BBME MOTIVATION

BBME MOTIVATION

Desa Mae Santiago · 26問 · 3ヶ月前

BBME MOTIVATION

BBME MOTIVATION

26問 • 3ヶ月前

Desa Mae Santiago

Property and Casualty Insurance Basics Quiz 4

Property and Casualty Insurance Basics Quiz 4

ユーザ名非公開 · 15問 · 3ヶ月前

Property and Casualty Insurance Basics Quiz 4

Property and Casualty Insurance Basics Quiz 4

15問 • 3ヶ月前

ユーザ名非公開

IMB 4/4

IMB 4/4

Lorenzo Cokee · 8問 · 3ヶ月前

IMB 4/4

IMB 4/4

8問 • 3ヶ月前

IMB 3/4

IMB 3/4

Lorenzo Cokee · 10問 · 3ヶ月前

IMB 3/4

IMB 3/4

10問 • 3ヶ月前

IBM 2/4

IBM 2/4

Lorenzo Cokee · 9問 · 3ヶ月前

IBM 2/4

IBM 2/4

9問 • 3ヶ月前

IBM 1/4

IBM 1/4

Lorenzo Cokee · 6問 · 3ヶ月前

IBM 1/4

IBM 1/4

6問 • 3ヶ月前

問題一覧

1

A property manager needs to pay for some routine maintenance to one of the units in her apartment complex. Which bank account should she use?

The operating account for that specific apartment complex

2

Why do many property managers have separate operating and trust accounts?

It prevents the misuse of tenant funds for operating expenses.

3

An investor wants to purchase a property that's subject to an existing lease agreement, which includes the tenant's right to renew the lease. What is the investor's obligation, if any, to uphold the terms of the lease agreement?

He must honor that right and allow the tenant to renew at the end of the term.

4

Brynn’s listing agent told potential buyers that all offers on Brynn’s property would be considered at 5 p.m. on May 3. By that date and time, four offers had been made. The persons making these offers are the ______.

Offerors

5

Landlords must abide by all fair housing, civil rights, and ADA regulations as well as comply with all state and federal landlord-tenant legislation. What responsibility does the property manager have related to this?

The property manager, as the landlord's general agent, is responsible for upholding all the laws and regulations required of the landlord.

6

What type of arrangement allows the buyer to retain title to the property, but places a security interest in the property on behalf of the seller?

Purchase money mortgage

7

Rennie owns a 240-foot by 130-foot lot. How do you calculate the perimeter?

Add two times the length to two times the width.

8

The MARIA acronym helps to identify the five tests of a fixture. Which of the following tests refers to how and whether the item is attached to the property

Method of annexation

9

A homeowner's credit card company sued them in civil court for nonpayment. There was a judgment against them, and so now the homeowner has to sell their classic car and their primary residence to pay the credit card company. What type of lien did the company have?

General

10

A parcel of land measures one half mile by 3,000 feet. If price per acre is $4,200, what’s the list price for this parcel? Round to 10ths of an acre for your calculation.

$763,560

11

Rhonda hasn’t paid her HOA dues in two years. Her attorney recently informed her that her state grants HOA-related liens a super lien status. What does this mean?

The HOA lien takes priority over all other liens

12

Which of these is the best definition of real estate?

Land, plus all things permanently attached to it naturally or artificially

13

Widget Corporation just bought land on which it plans to build a new manufacturing facility. How is the land owned?

It’s owned as an estate in severalty

14

Which of these areas would be included in the livable area calculation?

A pool house connected to the house by a hallway

15

Which ownership type is defined by four unities: time, title, interest, and possession?

Joint tenancy

16

What are improvements with regard to property?

Artificial attachments to land that include items such as fencing, buildings, and walkways

17

Which of the following would be considered a foreign person according to FIRPTA?

A company incorporated in France with regional development offices in the U.S

18

Jane is selling her home to Micah. What must occur for Jane to effect a transfer of title to Micah?

Jane must deliver the deed to Micah.

19

When a buyer finances a newly built home with a Federal Housing Administration loan, what does the FHA require the builder to do?

Purchase a third-party home warranty to protect the buyer

20

Murphey's farm has been in his family for generations, since his great-great-great-grandfather received it as a land grant in 1862. What’s the beginning point of this property's chain of title?

Murphey, the current owner

21

Which document is used to give a buyer an overview of the title history and information about what is or isn't covered in a title insurance policy?

Preliminary report

22

Quad City National Bank has several REO properties on its books. Why does the bank own these properties?

The properties went through the foreclosure process and didn’t sell at auction.

23

Lawrence is a buyer closing on a home purchase for which he's obtaining financing. He receives a Loan Estimate from his lender. What's one purpose of this document?

To provide the estimated closing costs for Lawrence's loan