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1. Which of these is a federal law that aims to protect people and the environment from the harmful effects of air pollution?
A) CERCLA
B) Superfund Amendments and Reauthorization Act
C) Safe Drinking Water Act
D) Clean Air Act
2. All of the following are examples of legal descriptions of property EXCEPT:
A) Lot E, Block 14 of West Lake Village, Orange County, Texas
B) Lot A, Block 2 of Shady Tree Subdivision, Madison County, Wisconsin
C) SW 1/4 of NW 1/4 of NE 1/2 of T3N R4E of Meridian 16
D) 8647 Notting Hill Drive, Berkshire, Colorado 52467
3. What was the outcome of Plessy v. Ferguson?
A) The Supreme Court decided that the enforcement of racially based restrictive covenants was illegal.
B) The Supreme Court decided that "separate but equal" separation of the races was legal as long as Black and white facilities were equal.
C) The Supreme Court decided that racially based zoning was illegal.
D) The Supreme Court decided that racial segregation of children in public schools was illegal.
4. Arnav is interested in a residential property because he loves the antique light fixtures installed in every room. Corey is the license holder helping Arnav find a property. Which of the following is MOST TRUE about Corey's situation?
A) Corey should specify verbally whether the light fixtures are the seller's personal property.
B) Corey should mention the light fixtures to his sponsoring broker in case issues come up later.
C) Corey should not address the light fixtures, as it is safe to assume light fixtures will convey with the property title.
D) Corey should specify in writing whether the light fixtures are the seller's personal property.
5. Which of these ownership concepts gives each co-owner the right to possession of the whole property?
A) equitable interest
B) sole proprietorship
C) undivided interest
D) unity of time
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: C |
Horace
Kyle
Montague
Ingemar
Leonard
Nat
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