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Chapter 1: Property

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
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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   show 2,520  
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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   show Find the legal description yourself at the courthouse or on the coumputer   Contact the seller yourself  
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show 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.  
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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.   show
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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.   show Neither I nor Ii is true.  
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All of the items are personal property EXCEPT:   trade fixtures   a privacy fence   patio furniture   show
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show 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.  
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show 261,360   196,020   65,340   43,560  
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Created by: dmobley
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