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100 question Real Estate Test Questions with Accurate Answers
- Exam (elaborations) • 9 pages • 2025
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A provision in all mortgages that allows the delinquent mortgagor to avoid foreclosure by paying all the back mortgage payments, late penalties, and costs of collection up until the time of foreclosure sale is the - ANSWERSequity of redemption. 
 
The bundle of legal rights associated with real property ownership does NOT include the right of - ANSWERSintent. 
 
Which statement does NOT describe a planned unit development? - ANSWERSIndustrial parks are a welcomed offshoot of the PUD concept. 
 
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