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Real Estate Law Quiz

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Real Estate Law Quiz
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Realty Installment Buyer Protection Act applies to all transactions involving the sale or financing of real estate on installment but it excludes the following except:

Sale or financing of industrial lots

Sale of residential condominiums

Sale to tenants under the Land Reform Code

Sale or financing of commercial building

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Delivery by merely pointing to the object of sale if it cannot be delivered to the vendee at the time of the sale is

Traditio constitutum possessorium

Traditio symbolica

Traditio brevi manu

Traditio longa manu

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the legal term for the delivery by merely pointing to the object of sale if it cannot be delivered to the vendee at the time of the sale?

Traditio constitutum possessorium

Traditio symbolica

Traditio brevi manu

Traditio longa manu

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not excluded from the Realty Installment Buyer Protection Act?

Sale or financing of industrial lots

Sale of residential condominiums

Sale to tenants under the Land Reform Code

Sale or financing of commercial building

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the legal protection act that applies to all transactions involving the sale or financing of real estate on installment?

Realty Installment Buyer Protection Act

Real Estate Financing Protection Act

Installment Sale Protection Act

Real Property Transaction Protection Act

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for the legal protection act that applies to all transactions involving the sale or financing of real estate on installment?

Realty Installment Buyer Protection Act

Real Estate Financing Protection Act

Installment Sale Protection Act

Real Property Transaction Protection Act

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Delivery by simply pointing to the object of sale if it cannot be delivered to the buyer at the time of the sale is known as

Traditio constitutum possessorium

Traditio symbolica

Traditio brevi manu

Traditio longa manu

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