Real Estate Law Quiz
University
•10 Qs
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Real Estate Law Quiz
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10 questions
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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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