Chapter 4 Vocabulary Flashcards
Mold:
A. Microorganisms found in the intestines and feces of humans and other warm-blooded animals as well as in soil, on vegetation and in surface water runoff.
B. An odorless, radioactive gas that can enter a home through cracks in a foundation or drains in the floor.
C. A variety of fungous growths that can cause disintegration of organic matter.
D. A fungal growth that typically takes the from of a domed cap on a stalk.
C. A variety of fungous growths that can cause disintegration of organic matter.
Misrepresentation:
A. A relationship between a firm and two or more of the firm’s clients where the clients are parties in the same transaction.
B. Prevents the admission into court evidence of any oral negotiations or agreements that vary or contradict the terms of the written contract.
C. An opinion by a person competent in examining title, usually an attorney, as to the status of the recorded title of a property.
D. Any statement of fact by one person to another, either by words or actions, that is not in accordance with the actual facts.
D. Any statement of fact by one person to another, either by words or actions, that is not in accordance with the actual facts.
Asbestos:
A. A colorless, oily liquid with a mild odor.
B. A soft, woven fabric of various fineness.
C. A vine-like plant with clusters of three leaves that oozes oil that gives most people an itchy rash with blisters.
D. A mineral fiber that has been used in a variety of ways within homes but usually as an insulator around plumbing.
D. A mineral fiber that has been used in a variety of ways within homes but usually as an insulator around plumbing. Asbestos can be friable or non-fixable and my be hazardous to health.
Target housing:
A. A large building containing residential suits.
B. A home of 400 square feet or less, either on wheels or a foundation.
C. The part of the condominium development that is intended for individual use.
D. Housing where construction began or for which a building permit was issues prior to January 1, 1978.
D. Housing where construction began or for which a building permit was issued prior to January 1, 1978. Transactions involving target housing require lead-based paint disclosures prior to binding acceptance of an offer. Target housing does not include housing for the elderly, housing for the disabled or zero-bedroom dwellings.
Real estate condition report (RECR):
A. A contract used to terminate a contract for sale or agency agreement when the parties mutually agree to terminate their original agreement.
B. A report used by a seller to disclose to a buyer any known defects.
C. A provision in a contract that requires the completion of a certain act or the happening of a particular event before that contract is binding.
D. A condensed history of a property’s title showing, in chronological sequence, matters such as conveyances, liens and encumbrances that have been recorded against the title in the office of the register of deeds or other public recording place.
B. A report used by a seller to disclose to a buyer any known defects.
Zero-bedroom dwelling:
A. Any residential dwelling in which the living area is not separated from the sleeping area.
B. Any building or a part of a building designed for occupancy as a residence by one or more families.
C. A large imposing residence.
D. A suite of rooms forming one residence.
A. Any residential dwelling in which the living area is not separated from the sleeping area.
Underground storage tank (UST)
A. A pool, pond, reservoir or cistern, especially one used to hold water for drinking or irrigation.
B. Tanks used in the storage of fuel or heating oil for non-commercial purposes or consumptive use.
C. Pneumatic pressure vessel for storing compressed air.
D. A piece of clothing that covers the upper part of the body but not the arms.
B. Tanks used in the storage of fuel or heating oil for non-commercial purposes or consumptive use.
Lead-based paint hazard:
A. Paint chips located in a residence built in 2015 that were found during an inspection.
B. Any condition that causes exposure to lead from contaminated dust, soil or paint that is deteriorated or present on accessible, friction or impact surfaces that would result in adverse human health effects.
C. A hazard including all types of live flames, causes of sparks, hot objects and chemicals that are potential for ignition.
D. A report used by a seller to disclose to a buyer any known adverse facts.
B. Any condition that causes exposure to lead from contaminated dust, soil or paint that is deteriorated or present on accessible, friction or impact surfaces that would result in adverse human health effects.
Radon:
A. The transmission and reception of electromagnetic waves of radio frequency.
B. A naturally occurring radioactive metal that is usually found at low levels in soil, rock, water and plants.
C. An odorless, radioactive gas that can enter a home through cracks in a foundation or drains in the floor.
D. A variety of fungous growths that can cause disintegration of organic matter.
C. An odorless, radioactive gas that can enter a home through cracks in a foundation or drains in the floor.
