Real Estate Pre-License Uniform Quiz 3

24. (1 point) Lead-based paint is found in about 75% of all private housing built before

1978.

16. (1 point) Which of these BEST defines density zoning?

A restriction on the average number of houses per acre

22. (1 point) Which of these has been proven to pose a health hazard?

All of these-Asbestos Lead-based paint Radon

4. (1 point) A woman purchased property from a man. Shortly after closing, the woman discovered that there were serious flaws in the title that made it unlikely that the property could be resold in the future. What can she do now?

Because the woman has accepted the deed, her only recourse is to sue the man under any covenants contained in the deed.

20. (1 point) A new structure has been completed to the satisfaction of the inspecting city engineer. What documentation must be issued before anyone can move in?

Certificate of occupancy

25. (1 point) What causes mold problems in buildings?

Chronic moisture problems

8. (1 point) Which of these would be covered in a standard title insurance policy?

Forged documents

21. (1 point) A seller accepts an offer on her home, which was built in 1892. Which of these statements about lead-based paint is FALSE?

If the buyer requests a lead-based paint inspection, the seller has ten days in which to obtain

14. (1 point) A woman would like to operate a business in her home, but she lives in an area zoned for residential use only. What should she do?

Seek a conditional-use permit from the zoning board, if it is defined as allowable

3. (1 point) Five years ago, a lien was recorded against a parcel of property by a construction company. When the lien was recorded, a man was the owner of the property and a woman was an active partner in the construction company. The property is in county A, but the lien was recorded in county B. Now, the woman is trying to buy the property from the man. A title search in county A disclosed no liens against the property. Which of these is TRUE?

The woman has actual notice of the lien but not constructive notice, because of the mistake in the recording

12. (1 point) A plat map is BEST described as

a detailed map that illustrates the geographic boundaries of individual lots.

9. (1 point) A title insurance policy that protects the interests of a mortgagee is called

a lender's policy.

1. (1 point) All of these are acceptable evidence of an owner's title EXCEPT

a recorded deed.

6. (1 point) A history of all recorded liens and encumbrances is revealed in the

abstract.

7. (1 point) The person who prepares a certificate of title is the

abstractor

10. (1 point) A state delegates zoning powers to a municipality through

an enabling act.

15. (1 point) A man goes all over the country buying large tracts of vacant land, splitting them into smaller parcels, and building identical communities of single-family ranch-style homes surrounding a central shopping center. He sells the homes to residents and leases space in the shopping center to merchants. The man is

both a developer and a subdivider.

5. (1 point) The reason that deeds and liens and other claims are recorded is to give

constructive notice.

2. (1 point) To serve as public notice, a deed is recorded in the

county or, in some states, the town where the property is located.

23. (1 point) Sealing off asbestos instead of removing it is called

encapsulation.

17. (1 point) Before granting a zoning variance, a zoning board of appeals must

hold a public hearing where neighbors of a proposed use may voice their opinions.

19. (1 point) When an area was rezoned as residential, a store was grandfathered in and allowed to continue business. This is an example of

nonconforming use.

11. (1 point) All of these could be included in a zoning ordinance EXCEPT

objectives for future development of the area.

18. (1 point) Zoning ordinances affect all of these EXCEPT

racial composition of neighborhood.

13. (1 point) A city passed a zoning ordinance that prohibits all commercial structures over 30 feet high. A man wants to build an office building that will be 45 feet high. In order to obtain permission for the building, the man may apply for a

variance or zoning change.