Chapter 9.2 Quiz Buying a Home

Chapter 9.2 Quiz Buying a Home

11th - 12th Grade

16 Qs

quiz-placeholder

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Chapter 9.2 Quiz Buying a Home

Chapter 9.2 Quiz Buying a Home

Assessment

Quiz

Business

11th - 12th Grade

Medium

Created by

Linda Ciccatelli

Used 25+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Ownership of property can come about by deed, inheritance, or law

True

False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An easement is the right to cross someone else’s property for a particular purpose.

True

False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A license is a permanent, irrevocable right to the use of another person’s land or property.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A deed is different than a lease because a deed actually transfers title of ownership, whereas a lease does not.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A freehold estate is one in which the holder owns the land

for _____________.

life or forever

10 years

100 years

50 years

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A type of co-ownership in which a person's heirs inherit that person's share of a property is known as ___________________.

tenancy by the entirety.

tenancy in common.

joint tenancy.

adverse possession.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A deed that transfers a seller's interest in property but does not warrant that the seller owns any interest is a __________.

general warranty deed.

mortgage deed.

quitclaim deed.

special warranty deed.

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