A) A legal document for buying a property. B) A form for reporting maintenance issues. C) A document outlining property tax rates. D) A contract between a landlord and tenant specifying terms for renting a property.
A) Homeowners Association B) House Ownership Agreement C) Home Occupation Adjustment D) House Oversight Agency
A) An investment in stocks. B) A rental agreement. C) A property insurance policy. D) A loan specifically used to purchase real estate.
A) A building with separate living units for two households. B) A type of house insurance. C) A single-family home. D) A real estate agent.
A) To determine the market value of a property. B) To approve a mortgage application. C) To inspect for structural damage. D) To set the property tax rate.
A) A mortgage requiring a balloon payment at the end. B) A mortgage only available for luxury homes. C) A mortgage with adjustable interest rates. D) A mortgage with a stable interest rate throughout the loan term.
A) A mortgage application. B) A lease agreement. C) A home inspection report. D) Legal document showing ownership of a property.
A) To estimate the cost of repairs. B) To assess property tax valuation. C) To set the rental price of the property. D) To verify the legal ownership of the property.
A) A property inspection for buyers. B) An appraisal of property value. C) A type of rental agreement. D) When a borrower fails to make mortgage payments and the lender takes possession of the property.
A) A type of property tax. B) An account where funds are held for property-related expenses. C) A credit check for buyers. D) A type of insurance policy.
A) Property Maintenance Inspection B) Property Marketing Initiative C) Property Management Institute D) Private Mortgage Insurance
A) A property tax assessor. B) A licensed professional who assists in buying or selling real estate. C) A landlord. D) A property manager.
A) Fees and expenses paid at the finalization of a real estate deal. B) Property assessment charges. C) Property tax payments. D) Monthly rent payments.
A) Foreclosure B) Inspection C) Assumption D) Refinancing
A) Apartment building B) Condominium C) Cooperative D) Single-family home
A) Escrow B) Title search C) Foreclosure D) Appraisal
A) Tenant's personal belongings B) Liability coverage C) Structural damage to the building D) Loss of rental income
A) Main Listing Source B) Market Listing Standard C) Mortgage Lending System D) Multiple Listing Service
A) Legal ownership transfer B) Automatic lease renewal C) Financial penalty D) Extended lease term
A) Short-term rental B) Joint tenancy C) Rent-to-own D) Shared ownership |