chapter 4 cont

Descripción

Real Estate Law
kristinamorquech
Test por kristinamorquech, actualizado hace más de 1 año
kristinamorquech
Creado por kristinamorquech hace alrededor de 11 años
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Resumen del Recurso

Pregunta 1

Pregunta
The power of government to issue zoning regulations is constitutional
Respuesta
  • True
  • False

Pregunta 2

Pregunta
Zoning is considered constitutional as long as the zoning regulation bears some reasonable relationship to the public welfare.
Respuesta
  • true
  • false

Pregunta 3

Pregunta
Zoning is a judicial process and usually involves court proceedings.
Respuesta
  • true
  • false

Pregunta 4

Pregunta
Zoning does not require procedural due process.
Respuesta
  • true
  • false

Pregunta 5

Pregunta
Zoning is considered a legislative function of a governmental authority.
Respuesta
  • true
  • false

Pregunta 6

Pregunta
Zoning is generally enforced through injunction.
Respuesta
  • true
  • false

Pregunta 7

Pregunta
An owner may be responsible for hazardous waste cleanup, even if the owner was not the creator of the hazardous waste.
Respuesta
  • true
  • false

Pregunta 8

Pregunta
State governments have the right to take private property for public use.
Respuesta
  • true
  • false

Pregunta 9

Pregunta
Local governments do not have the right to take private property for public use.
Respuesta
  • true
  • false

Pregunta 10

Pregunta
The exercise of the power of eminent domain requires procedural due process.
Respuesta
  • true
  • false

Pregunta 11

Pregunta
An owners property may be sold to governmental authorities for failure to pay real estate taxes.
Respuesta
  • true
  • false

Pregunta 12

Pregunta
Public real property is not subject to mechanics and materialmens liens.
Respuesta
  • true
  • false

Pregunta 13

Pregunta
Mechanics and materialmens liens can never be waived.
Respuesta
  • true
  • false

Pregunta 14

Pregunta
Private restrictions on the use of real property are never enforceable
Respuesta
  • true
  • false

Pregunta 15

Pregunta
Generally, private restrictions on the use of real property are enforceable
Respuesta
  • true
  • false

Pregunta 16

Pregunta
Subcontractors are generally not entitled to a mechanics liens
Respuesta
  • true
  • false

Pregunta 17

Pregunta
The right to use real property for a special purpose such as a roadway is known as an easement
Respuesta
  • true
  • false

Pregunta 18

Pregunta
The right to use real property for a special purpose such as a roadway is known as a restrictive covenant
Respuesta
  • true
  • false

Pregunta 19

Pregunta
A trust deed is a public encumbrance
Respuesta
  • true
  • false

Pregunta 20

Pregunta
Building codes are generally thought of as private.
Respuesta
  • true
  • false

Pregunta 21

Pregunta
A purchaser who has actual knowledge of contamination at the time of purchasing the property may still be an innocent party under CERCLA.
Respuesta
  • true
  • false

Pregunta 22

Pregunta
A Phase I environmental examination involves drilling wells and analyzing water samples.
Respuesta
  • true
  • false

Pregunta 23

Pregunta
A Phase II environmental examination generally involves drilling wells and analyzing water and soil samples
Respuesta
  • true
  • false

Pregunta 24

Pregunta
A property owner has the right to challenge an assessment of his or her property for purposes of taxation
Respuesta
  • true
  • false

Pregunta 25

Pregunta
A property owner does not have the right to challenge an assessment of his or her property for purposes of taxation.
Respuesta
  • true
  • false

Pregunta 26

Pregunta
Which of the following is generally thought not to be a public encumbrance
Respuesta
  • building codes
  • environmental protection laws
  • judgment lien
  • zoning

Pregunta 27

Pregunta
The use of real property which is changed or prohibited by subsequent zoning regulations is known as a
Respuesta
  • easement
  • nonconforming use
  • injunction
  • ad valorem

Pregunta 28

Pregunta
Which of the following is not a public use which supports the exercise of the power of eminent domain
Respuesta
  • public street
  • park
  • airport
  • forest reserve
  • none of the above

Pregunta 29

Pregunta
Which of the following would not be considered a private encumbrance
Respuesta
  • materialmens lien
  • ad valorem tax
  • trust deed
  • restrictive covenant

Pregunta 30

Pregunta
Which of the following people are generally entitled to file a mechanics or materialmens lien
Respuesta
  • subcontractors
  • laborers
  • material suppliers
  • land surveyors
  • all of the above

Pregunta 31

Pregunta
If you were in a state which followed the New York theory of lien claims and an owner had a contract to build a home for $100,000.00 and had already paid the general contractor $60,000.00, the owner responsibility to subcontractors and material suppliers on lien claims would be limited to:
Respuesta
  • $40,000.00
  • $60,000.00
  • $100,000.00
  • none of the above

Pregunta 32

Pregunta
If you were in a state which applied the Pennsylvania theory of lien claims and an owner had a contract to build a home for $100,000.00 and had already paid the general contractor $60,000.00, the owner liability to subcontractors and materialmen would be limited to
Respuesta
  • $40,000.00
  • $100,000.00
  • full amount of their claims
  • $60,000.00
  • none of the above

Pregunta 33

Pregunta
Which of the following is not responsible for cleanup costs of hazardous waste
Respuesta
  • innocent owners
  • former owners
  • lenders who foreclose and become owners
  • all of the above
  • none of the above

Pregunta 34

Pregunta
The amount of real estate taxes are generally based upon
Respuesta
  • the value of the property
  • the original purchase price of the property
  • the use of the property
  • the depreciated value of the property

Pregunta 35

Pregunta
Which of the following is not considered a legislative function of government
Respuesta
  • zoning
  • eminent domain
  • taxation
  • building codes
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