Quiz
Chapter 3
Questions in this quiz (20)
1Under the federal Lead-Based Paint Hazard Reduction Act, which statement is true?
- AAll residential housing built before 1978 must be tested for the presence of lead based paint before being listed for sale or rent
- BA disclosure statement must be attached to all sales contracts and leases involving properties built before 1978
- CA lead hazard pamphlet must be distributed to all prospective buyers, but not to tenants.
- DPurchasers of housing built before 1978 must be given five days to test the property for the presence of lead-based paint
2What do UFFI, lead-based paint, and asbestos have in common?
- AAll pose a risk to humans because they may emit harmful gases
- BAll were banned in 1978
- CAll three were used in insulating materials
- DAll were used in residential housing built in the 1970's
3The law that contains the broadest liabilities for the environmental cleanup is the
- ACERCLA
- BResource Conservation and Recovery Act
- CClean Air Act
- DOccupational Hazard Administration Act
4Which people do not have liability under the environmental law?
- AReal estate licensees selling property
- BMortgage lenders
- CReal estate educators
- DAppraisers
5When attempting to discover environmental hazards in real estate transactions, licensees can do several things to minimize their professional liability. Which of the following is not advisable?
- AUsing licensed environmental inspectors
- BUsing environmental inspectors
- CConducting their own environmental inspections
- DEncouraging buyers to have professional inspections conducted
6The Residential Lead-Based Paint Hazard Reduction Act requires
- Athe seller or the seller's agent to distribute a federal lead hazard pamphlet
- Bthe seller to remove any known lead paint
- Cthe buyer to purchase the property after inspections are performed
- Da lead warning statement to be included in a listing agreement
7The most common sources of lead poisoning in a home are
- Aauto emissions
- Bpaint and plumbing
- Cflooring and insulation
- Drefrigeration equipment
8Which of the following is true regarding asbestos?
- AAll asbestos-containing materials must be removed in all commercial buildings
- BAsbestos causes a health problem only when ingested
- CThe level of asbestos in a building is affected by weather conditions
- DThe removal of asbestos can further contaminate a building
9Among the most common sources of carbon monoxide in a house
- Aare malfunctioning air conditioners
- Bis crumbling insulation
- Care leaking heating fuel tanks
- Dare malfunctioning furnaces
10Which of the following is true about radon?
- AIt can be reduced in a building with proper ventilation
- BIt is commonly found in building materials
- CIt is easy to detect because of its odor
- DIt is commonly found around landfills
11Which of the following can protect a buyer from unexpected environmental problems after closing?
- AEnvironmental impact statement
- BEnvironmental site assessment
- CSeller property disclosure statement
- DAssurances from real estate licensees
12The most important step involved in managing the risk of environmental hazards is to
- Acancel any listing with a potential environmental hazard
- Bpurchase an umbrella coverage insurance policy
- Cgather and disseminate authoritative information
- Dhave the seller sign a hold-harmless letter
13What environmental problem is often the cause of the decline of urban values?
- ALead-based paint
- BUnderground storage values
- CAdhesives in pressed wood
- DBrownfields
14The purpose of the laws concerning asbestos is to
- Arequire that it be removed from public buildings immediately
- Bregulate its removal from apartment buildings with fewer than ten units
- Cminimize the release of asbestos fibers during construction and removal
- Dfine owners of buildings containing the mineral
15A colorless, odorless gas that is significant health hazard that occurs as a natural byproduct of combustion is
- Aethanol
- Boxygen
- Chydrochloric acid
- Dcarbon monoxide
16The term encapsulation refers to the
- Aprocess of sealing a landfill with three to four feet of topsoil
- Bway in which insulation is applied to pipes and wiring systems
- Cmethod of sealing disintegrating asbestos
- Dway in which lead-based paint particles become airborne
17Which of the following describes the process of creating a landfill site?
- AWaste is liquefied, treated, and pumped through pipes to tombs under the water table
- BWaste and topsoil are layered in a pit, mounded up, and then covered with dirt and plants
- CWaste is compacted and sealed in a container, then placed in a tomb designed to last several thousand years
- DWaste is buried in an underground concrete vault
18Where is urea-formaldehyde most often found in residential properties?
- ALead-based paint
- BOff-gassing from pressed wood adhesives
- CKitchen appliances
- DFurnace filters
19Contamination from underground storage tanks (USTs) is
- Afound only in petroleum stations
- Baddressed by EPA regulations
- Conly caused by tanks currently in use
- Deasily detected and eliminated
20CERCLA regulations for administration of the Superfund, which helps pay for cleanup of uncontrolled hazardous waste sites,
- Ainclude listed exemptions from responsibility for those sites that contaminate neighboring properties
- Brelease from liability those owners of contaminated property who did not actually cause the contamination
- Cmake no provision for recovering Superfund expenses incurred in cleanup operations
- Dimpose strict, joint and several, and retroactive liability on potentially responsible parties
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- 300 Real Estate Quiz on Chapter 3, created by Ryan Fryer on 15/09/2015.
- Author
- Ryan Fryer
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- English
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