Unit 20 Environmental Issues and the Real Estate Transaction Flashcards

1
Q
Asbestos is most dangerous when it
A is used as insulation.
B becomes airborne.
C gets wet.
D is around water pipes.
A

B becomes airborne.

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2
Q

Encapsulation refers to the
A process of sealing a landfill with three to four feet of topsoil.
B way to apply asbestos insulation to pipes and wiring systems.
C method of sealing disintegrating asbestos.
D way in which asbestos becomes friable.

A

C method of sealing disintegrating asbestos.

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3
Q

A broker shows a pre-World War I house to a prospective buyer. The buyer has two toddlers and is worried about potential health hazards. Which of the following is TRUE?
A There is a risk that urea-foam insulation was used in the original construction.
B The licensed real estate broker must offer to inspect for and remove any environmental hazards.
C There is a likelihood of the presence of lead-based paint.
D Radon should not be a concern due to the age of the property.

A

C There is a likelihood of the presence of lead-based paint.

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4
Q

Which of the following is TRUE regarding asbestos?
A The improper removal of asbestos can cause further contamination of a building.
B Asbestos causes health problems only when it is eaten.
C Asbestos was only used in various types of insulation.
D HUD requires asbestos to be removed from all residential buildings prior to transfer of title.

A

A The improper removal of asbestos can cause further contamination of a building.

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5
Q

Underground storage tanks
A are found only on commercial properties.
B that leak and cannot be removed may create a cloud on the title of the property.
C are currently regulated only by local laws.
D are easily detected by a vent pipe.

A

B that leak and cannot be removed may create a cloud on the title of the property.

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6
Q

All of the following are true of electromagnetic fields EXCEPT
A that electromagnetic fields are a suspected but unproven cause of cancer, hormonal abnormalities, and behavioral disorders.
B that electromagnetic fields are generated by all electrical appliances.
C that electromagnetic fields are present only near high-tension wires or large electrical transformers.
D that electromagnetic fields are caused by the movement of electricity.

A

C that electromagnetic fields are present only near high-tension wires or large electrical transformers.

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7
Q

Which of the following describes the process of creating a landfill site?
A Waste is liquefied, treated, and pumped through pipes to tombs under the water table.
B Waste and topsoil are layered in a pit, mounded up, and then covered with dirt and plants.
C Waste is compacted and sealed into a container and then placed in a tomb designed to last several thousand years.
D Waste is buried in an underground concrete vault.

A

B Waste and topsoil are layered in a pit, mounded up, and then covered with dirt and plants.

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8
Q

Liability under the Superfund is
A limited to the current owner of record.
B joint and several, retroactive, but not strict.
C voluntary.
D strict, joint and several, and retroactive.

A

D strict, joint and several, and retroactive.

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9
Q
All of the following have been proven to pose health hazards EXCEPT
A asbestos fibers.
B carbon monoxide.
C electromagnetic fields.
D urea-formaldehyde.
A

C electromagnetic fields.

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10
Q

Which of the following is/are TRUE about radon?
I Radon is easily detected by its strong fruity odor.
II Radon can be remediated by encapsulation.
A I only
B II only
C Both I and II
D Neither I nor II

A

D Neither I nor II

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11
Q

Under the Federal Lead-Based Paint Hazard and Reduction Act, which of the following statements is TRUE?
A All residential housing built prior to 1978 must be tested for the presence of lead-based paint before being listed for sale or rent.
B A disclosure statement must be provided to all purchasers and lessees involving residential properties built prior to 1978.
C A lead hazard pamphlet must be distributed to all prospective buyers but not to tenants.
D Purchasers of housing built before 1978 must be given a 10-day period to test the property for the presence of lead-based paint.

A

B A disclosure statement must be provided to all purchasers and lessees involving residential properties built prior to 1978.

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12
Q

Radon poses the greatest potential health risk to humans when it is
A contained in insulation material used during the 1970s.
B found in high concentrations of unimproved land.
C trapped and concentrated in inadequately ventilated areas.
D emitted by malfunctioning or inadequately ventilated appliances.

A

C trapped and concentrated in inadequately ventilated areas.

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13
Q
Radon is
A only found in the eastern United States.
B easy to detect because of its odor.
C a known human carcinogen.
D not found in older homes.
A

C a known human carcinogen.

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14
Q
The MOST common source of harmful lead in older residences is in
A asbestos.
B basements.
C appliances.
D alkyd oil-based paint.
A

D alkyd oil-based paint.

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15
Q
Urea-formaldehyde is found in residential properties in
A lead-based paints
B insulating foam.
C home appliances.
D electromagnetic fields.
A

B insulating foam.

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16
Q
North Carolina brokers must provide a written disclosure regarding the presence of
A mold.
B lead-based paint in some dwellings.
C radon gas.
D asbestos.
A

B lead-based paint in some dwellings.

17
Q

The purpose of the North Carolina Leaking Petroleum Underground Storage Tank Cleanup Act is to
A regulate underground storage tanks’ discharge of any hazardous substance.
B prohibit residential owners from having underground storage tanks.
C prohibit owners who did not cause the leak from paying the cost of clean up.
D regulate only commercial underground storage tanks.

A

A regulate underground storage tanks’ discharge of any hazardous substance.

18
Q
In regard to environmental hazards, the real estate professional must be aware of
I actual liability
II potential liability.
A I only
B II only
C I and II
D neither I nor II
A

C I and II

19
Q

Real estate brokers
A must disclose the presence of a radon mitigation system.
B must disclose that a property’s radon test result was four picocuries or greater.
C require that sellers have a radon test completed prior to closing.
D require that sellers complete a radon disclosure statement.

A

B must disclose that a property’s radon test result was four picocuries or greater.