
Real Estate Law
Authored by Aaron Eeg
Business
11th Grade
Used 66+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The average home loan is for how long
5 Years
10 Years
15 Years
20 Years
30 Years
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Banks want this percent of the purchase price as a down payment for a mortgage
5 percent
10 percent
15 percent
1 percent
20 percent
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a popular type of home ownership
Condominium
Townhome
Mobile Home
Apartment
Single Family Home
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is Equity when talking about homes and real estate?
The interest you have to pay on a loan
Paying of property tax
Earning of profit in your home's vaiue
The price you pay for your home
The price you pay when buying a home
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which type of home would be the smallest?
Townhome
Duplex
Single Family Home
Condo
Mobile Home
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the property tax rate in CA? (you pay this every year)
1 percent of purchase price
2 percent of purchase price
5 percent of purchase price
10 percent of purchase price
15 percent of purchase price
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A track home is also known as a
Condo
Townhome
Duplex
Mobile Home
Single Family Home
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