Mock 6

Question 1

Which of the following statements regarding property appraisal is false?

Answer 1

The value of real problem I can always been established with certainty

Question 2

Which one of the most important feature of an energy efficient house

Answer 2

Has a draft free building envelope

Question 3

The key principle of nuisance is that

Answer 3

A person may not use his own property in such a way that causes injured or Harm to another

Question 4

A voidable contract is

Answer 4

A contract which one of the parties has an option to cancel

Question 5

Which of the following statements about federal legislation governing mortgage is false

Answer 5

The interest act is borders the right to attack the rate of interest being charged in the mortgage the bases that the rate is either harsh or unconscionable

Question 6

Which of the following statements is false

Answer 6

Anagency agreement must be written to be enforceable

Question 7

The purpose of the real estate develop marketing act is to protect the public by requiring developers to

Answer 7

1. Meet any requirements or approvals to the type of property be market.
2. Assure the purchasers titles upon purchase and disclosure statement is filled