NH Test Part 8 - NH Principles and Practice Questions With 100% Solved Solutions!!

1. New Hampshire wishes to widen a highway between Plymouth and Concord. The state exercises it's right of eminent domain and takes a portion of a property through condemnation proceedings. The real estate transfer tax for the conveyance to the state would be: A. One half the usual real estate transfer tax of $.75 per hundred per side B. The same as a regular transfer of real estate, but the cost is borne by the state C. $250, regardless of the amount of consideration for the condemned property D. Zero - Answer-Answer: zero 2. The Americans with Disabilities Act covers: A. only school buildings B. all dwellings built after 1978 C. places of public accommodation D. only buildings owned by the Federal Government and overseen by Housing and Urban Development - Answer-Answer: places of public accommodation 3. The Real Estate Settlement Procedures Act applies in which of these cases A. all residential and commercial financing B. financing of 1-4 family residences C. first mortgages on single family homes only D. home inspectors and appraisers - Answer-Answer: financing of 1-4 family residences 4. If an evicted tenant does not remove their belongings, under the summary process the belongings of the evicted tenant:A. must be placed in storage and can be claimed by the tenant for a period of 7 days B. may be used by the landlord for a period of 28 days C. may be sold by the landlord after a period of 30 days D. must be placed on the street by the sheriff at the time of eviction - Answer-Answer: must be placed in storage and can be claimed by the tenant for a period of 7 days 5. The type of deed most likely used to correct errors in a deed would be: A. warranty B. manufactured housing C. grantor's D. quit claim - Answer-Answer: quit claim 6. A landlord who is subject to the Residential Landlord and Tenant Act charges $1,500 a month for a 3 bedroom apartment in North Conway. What is the maximum amount the landlord can require as a security deposit? A. $1,500 B. $100 C. $3,000 D. $4,500 - Answer-Answer: $1,500