Mortgages

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10 Qs

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Financial Literacy: Terms and Definitions

Financial Literacy: Terms and Definitions

5th Grade - Professional Development

10 Qs

Mortgages

Mortgages

Assessment

Quiz

English

Professional Development

Hard

CCSS
RI.11-12.5, RI.9-10.4, RF.3.3B

+18

Standards-aligned

Created by

Adolfo Cámara

Used 5+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A house, a bungalow, an apartment, an office, a shop or any other type of building you can own is called a .................................... .

housing

property

building

Tags

CCSS.RI.11-12.5

CCSS.RI.6.5

CCSS.RI.7.5

CCSS.RI.8.5

CCSS.RI.9-10.5

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The ___________________ is a document which proves who owns a property.

owner's paper

owner's deed

title deed

Tags

CCSS.RF.3.3B

CCSS.RF.3.3C

CCSS.RF.3.3D

CCSS.RF.4.3A

CCSS.RF.5.3A

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Before a property can be repossessed, the lender must apply to a court for a ____________________________ .

repossession order

repossession paper

repossession document

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.5

CCSS.RI.9-10.3

CCSS.RI.9-10.5

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

When the lender has a repossession order, the occupants of the property can be ______________________ .

evicted

put out

ejected

Tags

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RL.11-12.4

CCSS.RL.9-10.4

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Generally, mortgage lenders only repossess as ________________________________.

a desperate action

the final option

a last resort

Tags

CCSS.RI.11-12.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RL.11-12.4

CCSS.RL.9-10.4

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A mortgage lender can also be called a mortgagee or a _____________________________ .

mortgage maker

mortgage producer

mortgage provider

Tags

CCSS.RI.11-12.3

CCSS.RI.11-12.5

CCSS.RI.8.3

CCSS.RI.9-10.3

CCSS.RI.9-10.5

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

A mortgage borrower can also be known as a mortgagor or a __________________________ .

mortgage holder

mortgage owner

mortgage possessor

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

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