30 HOUR PA FUNDAMENTALS TEST
BANK EXAM 2024-2025 EXAM
QUESTIONS WITH DETAILED
VERIFIED AND 100% CORRECT
ANSWERS BRAND NEW EXAM
ALREADY GRADED A+
What use clearly differs from current zoning? What use is
one that conflicts with ordinances that were in place
before the use commenced? - ....ANSWER...a
nonconforming use
an illegal nonconforming use
What allows a use that differs from the applicable
ordinance for a variety of justifiable reasons? -
....ANSWER...a zoning variance
What authorizes a use that is not consistent with the
zoning ordinance in a literal sense, yet is clearly beneficial
or essential to the public welfare and does not materially
impair other uses in the zone? -
....ANSWER...a special exception grant
1
,When a property owner petitions the zoning board for an
outright change in the zoning of a particular property, he
may be granted what? - ....ANSWER...an amendment
The developer submits a ___________ containing
surveyed plat maps and comprehensive building
specifications. - ....ANSWER...plat of subdivision
In counties that are densely populated, the county
must approve __________. - ....ANSWER...subdivisions
- extraterritorial jurisdiction
__________ requires the developer to make
accommodations concurrently with the development of
the project itself, not afterwards. -
....ANSWER...concurrency
Subdivisions must meet __________ requirements to
qualify for __________ financing insurance. -
....ANSWER...FH
A FHA
__________ allow the county to protect the public against
the hazards of unregulated construction. -
2
,....ANSWER...building codes
If the work complies, a __________ is issued, clearing
the property for occupation and use. -
....ANSWER...certificate of occupancy
__________ allows a government entity to purchase a
fee, leasehold, or easement interest in privately owned real
property for the public good and for public use,
regardless of the owner's desire to sell. -
....ANSWER...eminent domain
___________ places limits on the use of the property. A
quitclaim deed can terminate a private deed restriction. -
....ANSWER...a deed restriction
___________ may restrict certain uses of a property. If a
condition is violated, ownership reverts to the grantor.
These conditions create a defeasible fee estate. -
....ANSWER...a deed condition
The declaration of a subdivision, planned unit
development, condominium, and commercial or
industrial park contains private use__________. -
....ANSWER...restrictions
3
,__________ prevents the owner from using a property in
a way that is contrary to the recorded restrictions.
- ....ANSWER...an injunction
__________ are promises by those who purchase property
in the subdivision to limit the use of their property to
comply with the requirements of the restrictive covenants
- negative easements. -
....ANSWER...restrictive covenants
If the subdivision is in a zoned area, ___________ have
priority over the zoning ordinance, but won't be
enforced if they go against public law. -
....ANSWER...restrictive covenants
Restrictive covenants may be __________ if the
specified time period of the covenant expires or the
property owners vote to end the restrictions. -
....ANSWER...terminated
__________ states that if a property owner is lax in
protecting his or her rights, the property owner may lose
those rights. - ....ANSWER...the doctrine of laches
4
,A real estate contract that is not a personal contract for
services can __________ to another party unless the
terms of the agreement specifically prohibit assignment. -
....ANSWER...be assigned
Which contract is one in which all the terms and
covenants of the agreement have been manifestly stated
and agreed to by all parties? - ....ANSWER...an express
contract
Which contract is an unstated or unintentional agreement
that may be deemed to exist when the
actions of any of the parties suggest the existence of an
agreement? - ....ANSWER...an implied contract
Which contract is one in which both parties promise to
perform their respective parts of an agreement in
exchange for performance by the other party? -
....ANSWER...a bilateral contract
Which contract is on in which only one party promises to
do something, provided the other party does something?
- ....ANSWER...a unilateral contract
Which contract is one that has been fully performed and
fulfilled: neither party bears any further obligation? -
5
, ....ANSWER...an executed contract
Which contract is one in which performance is yet to be
completed? - ....ANSWER...an executory contract
Which contract is one that unduly favors the party with
superior bargaining power? - ....ANSWER...an
unconscionable contract
Which contract is one dictated by the party who has the
greater bargaining advantage? - ....ANSWER...an
adhesion contract
Which contract is one whose effects are triggered by the
occurrence of a chance event? - ....ANSWER...an aleatory
contract
9 Contract Termination Reasons -
....ANSWER...Performance
Infeasibility
Mutual agreement Cooling-
period rescission Revocation
Abandonment Lapse
of time Invalidity of
contract Operation of
6
BANK EXAM 2024-2025 EXAM
QUESTIONS WITH DETAILED
VERIFIED AND 100% CORRECT
ANSWERS BRAND NEW EXAM
ALREADY GRADED A+
What use clearly differs from current zoning? What use is
one that conflicts with ordinances that were in place
before the use commenced? - ....ANSWER...a
nonconforming use
an illegal nonconforming use
What allows a use that differs from the applicable
ordinance for a variety of justifiable reasons? -
....ANSWER...a zoning variance
What authorizes a use that is not consistent with the
zoning ordinance in a literal sense, yet is clearly beneficial
or essential to the public welfare and does not materially
impair other uses in the zone? -
....ANSWER...a special exception grant
1
,When a property owner petitions the zoning board for an
outright change in the zoning of a particular property, he
may be granted what? - ....ANSWER...an amendment
The developer submits a ___________ containing
surveyed plat maps and comprehensive building
specifications. - ....ANSWER...plat of subdivision
In counties that are densely populated, the county
must approve __________. - ....ANSWER...subdivisions
- extraterritorial jurisdiction
__________ requires the developer to make
accommodations concurrently with the development of
the project itself, not afterwards. -
....ANSWER...concurrency
Subdivisions must meet __________ requirements to
qualify for __________ financing insurance. -
....ANSWER...FH
A FHA
__________ allow the county to protect the public against
the hazards of unregulated construction. -
2
,....ANSWER...building codes
If the work complies, a __________ is issued, clearing
the property for occupation and use. -
....ANSWER...certificate of occupancy
__________ allows a government entity to purchase a
fee, leasehold, or easement interest in privately owned real
property for the public good and for public use,
regardless of the owner's desire to sell. -
....ANSWER...eminent domain
___________ places limits on the use of the property. A
quitclaim deed can terminate a private deed restriction. -
....ANSWER...a deed restriction
___________ may restrict certain uses of a property. If a
condition is violated, ownership reverts to the grantor.
These conditions create a defeasible fee estate. -
....ANSWER...a deed condition
The declaration of a subdivision, planned unit
development, condominium, and commercial or
industrial park contains private use__________. -
....ANSWER...restrictions
3
,__________ prevents the owner from using a property in
a way that is contrary to the recorded restrictions.
- ....ANSWER...an injunction
__________ are promises by those who purchase property
in the subdivision to limit the use of their property to
comply with the requirements of the restrictive covenants
- negative easements. -
....ANSWER...restrictive covenants
If the subdivision is in a zoned area, ___________ have
priority over the zoning ordinance, but won't be
enforced if they go against public law. -
....ANSWER...restrictive covenants
Restrictive covenants may be __________ if the
specified time period of the covenant expires or the
property owners vote to end the restrictions. -
....ANSWER...terminated
__________ states that if a property owner is lax in
protecting his or her rights, the property owner may lose
those rights. - ....ANSWER...the doctrine of laches
4
,A real estate contract that is not a personal contract for
services can __________ to another party unless the
terms of the agreement specifically prohibit assignment. -
....ANSWER...be assigned
Which contract is one in which all the terms and
covenants of the agreement have been manifestly stated
and agreed to by all parties? - ....ANSWER...an express
contract
Which contract is an unstated or unintentional agreement
that may be deemed to exist when the
actions of any of the parties suggest the existence of an
agreement? - ....ANSWER...an implied contract
Which contract is one in which both parties promise to
perform their respective parts of an agreement in
exchange for performance by the other party? -
....ANSWER...a bilateral contract
Which contract is on in which only one party promises to
do something, provided the other party does something?
- ....ANSWER...a unilateral contract
Which contract is one that has been fully performed and
fulfilled: neither party bears any further obligation? -
5
, ....ANSWER...an executed contract
Which contract is one in which performance is yet to be
completed? - ....ANSWER...an executory contract
Which contract is one that unduly favors the party with
superior bargaining power? - ....ANSWER...an
unconscionable contract
Which contract is one dictated by the party who has the
greater bargaining advantage? - ....ANSWER...an
adhesion contract
Which contract is one whose effects are triggered by the
occurrence of a chance event? - ....ANSWER...an aleatory
contract
9 Contract Termination Reasons -
....ANSWER...Performance
Infeasibility
Mutual agreement Cooling-
period rescission Revocation
Abandonment Lapse
of time Invalidity of
contract Operation of
6
