NYC Area Supervisor
(Highway Maintenance)
Exam Practice Questions
And Correct Answers
(Verified Answers) Graded
A+
It is essential that every deed be signed by the:
a) Devisee
b) grantee
c) grantor & grantee
d) Grantor - answerD- grantor
Jim's mechanic's lien will remain against the property for at least:
a) 1 year
2) 8 Months
c) 10 years
d) 4 months - answerA- 1 year
A specific tract of land is known as a:
a) devise
b) chattel
c) parcel
d) littoral - answerC- parcel
, If you are a salesperson working with a buyer, then the buyer is
your client:
a) if you are servicing the buyer
b) if you have an agency contract with buyer
c) if the buyer has shared financial info with you
d) none of the above - answerB- if you have an agency contract
with the buyer
Rosita buys a summer cottage that has a mechanic's lien against
it, placed by the workman who was not paid by the former owner
Jim, for constructing a dock. The lien now:
a) is void
b) is Jims responsibility only
c) remains as a claim against the property
d) is considered satisfied - answerC- remains as a claim against
the property
A home was purchased in 2005, for $425,000. It was sold recently
for $478,000. What is the rate of return on profit on this house? -
answer12.47%
478,000-425,000= 53,000
53,000*100=5,300,000
5,300,000/425,000= 12.47
Which of the following contains a list of all real property in the
jurisdiction with annual information including its assessed value?
a) Assessment roll
b) equalization rate list
c) grievance list
d) in rem document - answera- assessment roll
(Highway Maintenance)
Exam Practice Questions
And Correct Answers
(Verified Answers) Graded
A+
It is essential that every deed be signed by the:
a) Devisee
b) grantee
c) grantor & grantee
d) Grantor - answerD- grantor
Jim's mechanic's lien will remain against the property for at least:
a) 1 year
2) 8 Months
c) 10 years
d) 4 months - answerA- 1 year
A specific tract of land is known as a:
a) devise
b) chattel
c) parcel
d) littoral - answerC- parcel
, If you are a salesperson working with a buyer, then the buyer is
your client:
a) if you are servicing the buyer
b) if you have an agency contract with buyer
c) if the buyer has shared financial info with you
d) none of the above - answerB- if you have an agency contract
with the buyer
Rosita buys a summer cottage that has a mechanic's lien against
it, placed by the workman who was not paid by the former owner
Jim, for constructing a dock. The lien now:
a) is void
b) is Jims responsibility only
c) remains as a claim against the property
d) is considered satisfied - answerC- remains as a claim against
the property
A home was purchased in 2005, for $425,000. It was sold recently
for $478,000. What is the rate of return on profit on this house? -
answer12.47%
478,000-425,000= 53,000
53,000*100=5,300,000
5,300,000/425,000= 12.47
Which of the following contains a list of all real property in the
jurisdiction with annual information including its assessed value?
a) Assessment roll
b) equalization rate list
c) grievance list
d) in rem document - answera- assessment roll
