100% Correct Answers, Verified 2026 |
Quiz_________________?
A banker decided not to lend in a community because of the infusion of people of a
particular race, religion, or nationality. What is this called? -
Answer✅
Red-lining
Quiz_________________?
A BTU, British Thermal Unit, Is a measurement of what? -
Answer✅
Heat Energy
Quiz_________________?
a building has 10,000 rentable square feet and 8,000 usuable square feet. What is the loss
factor? -
Answer✅
10,000-8,000/10,000=.20 or 20 %
1
, Quiz_________________?
A building that includes condominium and cooperative ownership is called? -
Answer✅
Condop
Quiz_________________?
A CMA is not an ? -
Answer✅
Appraisal
Quiz_________________?
A condo association will reserve the right to be the first buyer if you decide to sell. This is
called? -
Answer✅
Right of first refusal
Quiz_________________?
a lease for a large unfinished space -
Answer✅
loft lease
Quiz_________________?
A loan that allows you to move from one property to another? -
Answer✅
Bridge, Swing, Interim loan
2
, Quiz_________________?
A mortgage that covers more than one property is called? -
Answer✅
Blanket Mortgage
Quiz_________________?
A mortgage that finances both real property and the personal property is called? -
Answer✅
Package Mortgage
Quiz_________________?
A residential lease is considered a -
Answer✅
Gross Lease
Quiz_________________?
A straight term mortgage consists of payments that include ________ only. -
Answer✅
Interest
Quiz_________________?
A transaction that involves the sale of property to free up the liquid assets that are trapped
in the real estate and lease of the same property is called? -
3
, Answer✅
Sale-Leaseback
Quiz_________________?
A zoning ordinance would NOT require? -
Answer✅
C-material
Quiz_________________?
An apartment building has a heating system which although is in good repair, does not meet
the needs of its current tenants, is an example of what? -
Answer✅
Functional Obsolescence
Quiz_________________?
An estimation of how much property will sell for in a typical transaction ? -
Answer✅
Market Value
Quiz_________________?
Are Real Estate brokers also required to take the CE classes? -
Answer✅
Yes
4
Quiz_________________?
A banker decided not to lend in a community because of the infusion of people of a
particular race, religion, or nationality. What is this called? -
Answer✅
Red-lining
Quiz_________________?
A BTU, British Thermal Unit, Is a measurement of what? -
Answer✅
Heat Energy
Quiz_________________?
a building has 10,000 rentable square feet and 8,000 usuable square feet. What is the loss
factor? -
Answer✅
10,000-8,000/10,000=.20 or 20 %
1
, Quiz_________________?
A building that includes condominium and cooperative ownership is called? -
Answer✅
Condop
Quiz_________________?
A CMA is not an ? -
Answer✅
Appraisal
Quiz_________________?
A condo association will reserve the right to be the first buyer if you decide to sell. This is
called? -
Answer✅
Right of first refusal
Quiz_________________?
a lease for a large unfinished space -
Answer✅
loft lease
Quiz_________________?
A loan that allows you to move from one property to another? -
Answer✅
Bridge, Swing, Interim loan
2
, Quiz_________________?
A mortgage that covers more than one property is called? -
Answer✅
Blanket Mortgage
Quiz_________________?
A mortgage that finances both real property and the personal property is called? -
Answer✅
Package Mortgage
Quiz_________________?
A residential lease is considered a -
Answer✅
Gross Lease
Quiz_________________?
A straight term mortgage consists of payments that include ________ only. -
Answer✅
Interest
Quiz_________________?
A transaction that involves the sale of property to free up the liquid assets that are trapped
in the real estate and lease of the same property is called? -
3
, Answer✅
Sale-Leaseback
Quiz_________________?
A zoning ordinance would NOT require? -
Answer✅
C-material
Quiz_________________?
An apartment building has a heating system which although is in good repair, does not meet
the needs of its current tenants, is an example of what? -
Answer✅
Functional Obsolescence
Quiz_________________?
An estimation of how much property will sell for in a typical transaction ? -
Answer✅
Market Value
Quiz_________________?
Are Real Estate brokers also required to take the CE classes? -
Answer✅
Yes
4
