Chapter 4

Descrição

300 Real Estate Quiz sobre Chapter 4, criado por Ryan Fryer em 15-09-2015.
Ryan Fryer
Quiz por Ryan Fryer, atualizado more than 1 year ago
Ryan Fryer
Criado por Ryan Fryer quase 9 anos atrás
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Resumo de Recurso

Questão 1

Questão
A monument is used in which type of legal description?
Responda
  • Lot and block
  • Metes and bounds
  • Rectangular survey
  • Street address

Questão 2

Questão
The least acceptable method for identifying real property is
Responda
  • rectangular survey
  • metes and bounds
  • street address
  • lot and block

Questão 3

Questão
An acre containts
Responda
  • 160 sq feet
  • 43,560 sq feet
  • 640 sq feet
  • 360 degrees

Questão 4

Questão
A datum is
Responda
  • used in the description of an ai lot
  • measured in New York only
  • a calendar method of measurement
  • all of these

Questão 5

Questão
In describing real estate, a system that uses feet, degrees and monuments is
Responda
  • rectangular survey
  • metes and bounds
  • government survey
  • lot and block

Questão 6

Questão
A woman purchased a 4.5 acre of land for which she paid $78,400. an Adjoining owner wants to purchase a strip of her land measuring 150 ft. by 100 ft. What should this strip cost the adjoining owner if the woman sells it for the same price she originally paid for it?
Responda
  • $3,000
  • $6,000
  • $7,800
  • $9,400

Questão 7

Questão
A property contained ten acres. How many 50-foot-by-100-foot lots can be subdivided from the property if 26,000 square feet were dedicated for roads?
Responda
  • 80
  • 81
  • 82
  • 83

Questão 8

Questão
At $800 per acre, a lot that is 264 feet wide and 660 feet long would cost
Responda
  • $1,320
  • $1,584
  • $3,200
  • $4,356

Questão 9

Questão
A map that shows the location, size, and shape of buildings located on a lot is called a
Responda
  • survey sketch
  • legal description
  • plat map
  • spot survey

Questão 10

Questão
A description meets the standard of being legally sufficient if a
Responda
  • buyer identify the property by the property address
  • title company certifies the description
  • competent surveyor can locate the parcel using the description
  • real estate licensee can locate the parcel

Questão 11

Questão
The legal description in the documents for each transfer of property must
Responda
  • be copied from a mortgage document
  • be identical to the one used in prior transfers
  • give a description in lots and blocks
  • be certified by a title officer

Questão 12

Questão
All of the following are basic components of a metes-and-bounds description except
Responda
  • tangible and intangible monuments
  • base lines, principle meridians, and townships
  • degrees, minutes, and seconds
  • a point of beginning

Questão 13

Questão
The point or surface from which elevations are measured is called a
Responda
  • datum
  • monument
  • benchmark
  • meridian

Questão 14

Questão
A brass marker that surveyors use to mark local datums is called a
Responda
  • monument
  • meridian
  • keystone
  • benchmark

Questão 15

Questão
What system uses a property's physical features to determine boundaries and measurements?
Responda
  • Rectangular survey system
  • Lot-and-Block recorded play system
  • Metes-and-bounds method
  • Multiple listing service

Questão 16

Questão
The least specific method for identifying real property is
Responda
  • rectangular survey
  • metes and bounds
  • street address
  • lot and block

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