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Real Estate C1
Chapter 1: Property
Question | A | B | C | D |
---|---|---|---|---|
How many cubic feet of space is there in a warehouse that is 610 feet wide by 140 feet deep and has an 18 foot ceiling? | 85,400 | 1,537,200 | 35 | 2,520 |
You have a prospective purchaser for a home and the listing agent has not been able to provide you with a legal description. Which statement describes your best course o action? | Complain to the Real Estate Commission | Write an offer without a legal description | Find the legal description yourself at the courthouse or on the coumputer | Contact the seller yourself |
If the only land description you have provided on your offer is the street address: | this could be sufficient if there is no other street by the same name. | this contract is probably unenforceable. | this amounts to a contingency that must be resolved. | the contract may be legal but is unprofessional. |
A metes and bounds description must have all of the following EXCEPT: | A definite point of beginning. | the name of the county and state. | the approximate square footage or acreage. | compass directions and distances from one point to the next. |
A metes and bounds description might be if: I. it does not have enough sides to close. II. it is irregular in shape. | Only I is true. | Only II is true. | Both I and II are true. | Neither I nor Ii is true. |
All of the items are personal property EXCEPT: | trade fixtures | a privacy fence | patio furniture | portable dishwasher |
A seller wishes to remove certain shrubs planted in the front yard and not include them in the sales price of the home. | The shrubs must be left and included in the sales price of the home. | The shrubs can be removed unless they are valuable | If the seller planted the shrubs, they can be removed. | The seller may do so only if permission for the removal is specifically stated in the sales contract. |
If a man has 6 acres of land and deeds 3/4 of it to a son and the remainder to a nephew, how many square feet of land does the nephew acquire? | 261,360 | 196,020 | 65,340 | 43,560 |