Real Estate Paper 17

1

A fiduciary relationship between principal and agent includes all of the following responsibilities EXCEPT






2

Mattie Jeffords has taken out a home equity loan of $33,070. If the rate is 11.99%, what is her monthly payment?






3

The value of a property for tax purposes is its






4

Which of the following is an accurate statement about the metes and bounds form of property description?






5

Which of the following phrases would NOT be permissible in a real estate ad?






6

At the end of a closing, who is responsible for having the deed recorded?






7

Chris Wang has been hired to do an appraisal on a single-family home. Which approach will probably provide the most accurate valuation?






8

A property management company interacts with tenants and potential tenants in all of the following ways EXCEPT






9

Jean Forsythe is looking at condo units to buy and asks the salesperson what the age demographic of the 300-unit condo community is. The salesperson’s best answer is,






10

If your property taxes are $0.005 on the dollar and you pay $100 per year, what would your annual taxes be if the taxes were raised to 0.0065 on the dollar?






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