
Chapter 9.2 Quiz Buying a Home
Authored by Linda Ciccatelli
Business
11th - 12th Grade
Used 25+ times

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16 questions
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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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