chapter 4 cont

kristinamorquech
Quiz by , created over 5 years ago

Real Estate Law

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kristinamorquech
Created by kristinamorquech over 5 years ago
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Question 1

Question
The power of government to issue zoning regulations is constitutional
Answer
  • True
  • False

Question 2

Question
Zoning is considered constitutional as long as the zoning regulation bears some reasonable relationship to the public welfare.
Answer
  • true
  • false

Question 3

Question
Zoning is a judicial process and usually involves court proceedings.
Answer
  • true
  • false

Question 4

Question
Zoning does not require procedural due process.
Answer
  • true
  • false

Question 5

Question
Zoning is considered a legislative function of a governmental authority.
Answer
  • true
  • false

Question 6

Question
Zoning is generally enforced through injunction.
Answer
  • true
  • false

Question 7

Question
An owner may be responsible for hazardous waste cleanup, even if the owner was not the creator of the hazardous waste.
Answer
  • true
  • false

Question 8

Question
State governments have the right to take private property for public use.
Answer
  • true
  • false

Question 9

Question
Local governments do not have the right to take private property for public use.
Answer
  • true
  • false

Question 10

Question
The exercise of the power of eminent domain requires procedural due process.
Answer
  • true
  • false

Question 11

Question
An owners property may be sold to governmental authorities for failure to pay real estate taxes.
Answer
  • true
  • false

Question 12

Question
Public real property is not subject to mechanics and materialmens liens.
Answer
  • true
  • false

Question 13

Question
Mechanics and materialmens liens can never be waived.
Answer
  • true
  • false

Question 14

Question
Private restrictions on the use of real property are never enforceable
Answer
  • true
  • false

Question 15

Question
Generally, private restrictions on the use of real property are enforceable
Answer
  • true
  • false

Question 16

Question
Subcontractors are generally not entitled to a mechanics liens
Answer
  • true
  • false

Question 17

Question
The right to use real property for a special purpose such as a roadway is known as an easement
Answer
  • true
  • false

Question 18

Question
The right to use real property for a special purpose such as a roadway is known as a restrictive covenant
Answer
  • true
  • false

Question 19

Question
A trust deed is a public encumbrance
Answer
  • true
  • false

Question 20

Question
Building codes are generally thought of as private.
Answer
  • true
  • false

Question 21

Question
A purchaser who has actual knowledge of contamination at the time of purchasing the property may still be an innocent party under CERCLA.
Answer
  • true
  • false

Question 22

Question
A Phase I environmental examination involves drilling wells and analyzing water samples.
Answer
  • true
  • false

Question 23

Question
A Phase II environmental examination generally involves drilling wells and analyzing water and soil samples
Answer
  • true
  • false

Question 24

Question
A property owner has the right to challenge an assessment of his or her property for purposes of taxation
Answer
  • true
  • false

Question 25

Question
A property owner does not have the right to challenge an assessment of his or her property for purposes of taxation.
Answer
  • true
  • false

Question 26

Question
Which of the following is generally thought not to be a public encumbrance
Answer
  • building codes
  • environmental protection laws
  • judgment lien
  • zoning

Question 27

Question
The use of real property which is changed or prohibited by subsequent zoning regulations is known as a
Answer
  • easement
  • nonconforming use
  • injunction
  • ad valorem

Question 28

Question
Which of the following is not a public use which supports the exercise of the power of eminent domain
Answer
  • public street
  • park
  • airport
  • forest reserve
  • none of the above

Question 29

Question
Which of the following would not be considered a private encumbrance
Answer
  • materialmens lien
  • ad valorem tax
  • trust deed
  • restrictive covenant

Question 30

Question
Which of the following people are generally entitled to file a mechanics or materialmens lien
Answer
  • subcontractors
  • laborers
  • material suppliers
  • land surveyors
  • all of the above

Question 31

Question
If you were in a state which followed the New York theory of lien claims and an owner had a contract to build a home for $100,000.00 and had already paid the general contractor $60,000.00, the owner responsibility to subcontractors and material suppliers on lien claims would be limited to:
Answer
  • $40,000.00
  • $60,000.00
  • $100,000.00
  • none of the above

Question 32

Question
If you were in a state which applied the Pennsylvania theory of lien claims and an owner had a contract to build a home for $100,000.00 and had already paid the general contractor $60,000.00, the owner liability to subcontractors and materialmen would be limited to
Answer
  • $40,000.00
  • $100,000.00
  • full amount of their claims
  • $60,000.00
  • none of the above

Question 33

Question
Which of the following is not responsible for cleanup costs of hazardous waste
Answer
  • innocent owners
  • former owners
  • lenders who foreclose and become owners
  • all of the above
  • none of the above

Question 34

Question
The amount of real estate taxes are generally based upon
Answer
  • the value of the property
  • the original purchase price of the property
  • the use of the property
  • the depreciated value of the property

Question 35

Question
Which of the following is not considered a legislative function of government
Answer
  • zoning
  • eminent domain
  • taxation
  • building codes