Đề 12 – Bài tập, đề thi trắc nghiệm online Tiếng Anh ngành Bất động sản

1. Which of these terms is related to legal claims against a property?

A. Easement

B. Lien

C. Appurtenance

D. Variance

2. What is the meaning of `brownfield′ in real estate development?

A. Newly developed green spaces in urban areas.

B. Previously developed land that may be contaminated.

C. Agricultural land being converted for residential use.

D. Undeveloped land on the outskirts of a city.

3. Which document legally transfers property ownership from seller to buyer?

A. Lease Agreement

B. Promissory Note

C. Deed

D. Mortgage

4. What is the `Fair Housing Act′?

A. A law regulating property taxes.

B. A law prohibiting discrimination in housing.

C. A law that sets building codes.

D. A law governing real estate agent licensing.

5. What is the role of a `property manager′?

A. To appraise property value.

B. To facilitate the sale of properties.

C. To oversee the day-to-day operations of rental properties.

D. To provide mortgage financing.

6. Which of the following best describes `appraisal′ in real estate?

A. The legal transfer of property ownership.

B. An estimation of a property′s market value.

C. The process of managing rental properties.

D. Financing options for purchasing property.

7. What is `curb appeal′ in real estate?

A. The total square footage of a property.

B. The attractiveness of a property from the street.

C. The property tax rate for a given area.

D. The process of obtaining a building permit.

8. A `fixture′ in real estate terms is best described as:

A. Temporary decorations in a property.

B. Personal property easily removed from a property.

C. An item permanently attached to the property.

D. A type of real estate investment trust.

9. Which of the following is a type of `lease′ agreement?

A. Warranty Deed

B. Quitclaim Deed

C. Net Lease

D. Mortgage Deed

10. What is a `comparative market analysis′ (CMA) used for in real estate?

A. To determine the structural integrity of a building.

B. To estimate the value of a property based on similar recent sales.

C. To assess the environmental impact of a development project.

D. To calculate the annual property taxes.

11. Which factor generally leads to an increase in property value?

A. Rising interest rates

B. Economic recession

C. Improved local infrastructure and amenities

D. High property vacancy rates

12. Which term refers to the rights someone has to use or control a property, including land and buildings?

A. Easement

B. Lien

C. Property Rights

D. Zoning Variance

13. What is a `contingency′ in a real estate contract?

A. A penalty for breaching the contract.

B. A condition that must be met for the contract to be binding.

C. A clause that automatically renews the contract.

D. A discount offered by the seller.

14. What does `amortization′ mean in the context of a mortgage?

A. The process of insuring a mortgage against default.

B. The calculation of property taxes.

C. The gradual repayment of a loan principal and interest over time.

D. The initial down payment required for a mortgage.

15. Which of the following is an example of `real property′?

A. Furniture in a house

B. A car parked on the driveway

C. Land and the buildings on it

D. Stocks and bonds related to real estate companies

16. What is a `leasehold′ estate in real estate?

A. Ownership of the land but not the building.

B. Temporary right to use property granted by the owner.

C. Full ownership of both land and buildings.

D. A type of property held in trust.

17. What does `renovation′ in real estate typically involve?

A. Demolishing a building and starting over.

B. Making cosmetic or structural improvements to an existing property.

C. Changing the zoning classification of a property.

D. Conducting routine maintenance like cleaning gutters.

18. In real estate, `due diligence′ refers to:

A. The process of advertising a property for sale.

B. A legal requirement for property inspections.

C. Comprehensive investigation before a transaction.

D. Negotiating the final price of a property.

19. What is the difference between `gross income′ and `net operating income′ (NOI) for an investment property?

A. Gross income is before expenses; NOI is after all expenses.

B. Gross income includes capital gains; NOI does not.

C. Gross income is for residential properties; NOI is for commercial properties.

D. There is no difference; they are the same.

20. What is `zoning′ in the context of real estate?

A. The process of property valuation for tax purposes.

B. Government regulations controlling land use and development.

C. The system for recording property transactions.

D. Insurance policies covering property damage.

21. What does `under contract′ mean in the context of a property listing?

A. The property is no longer available for sale.

B. An offer has been accepted, but the sale is not yet finalized.

C. The property is newly listed and available for showings.

D. The price of the property has been reduced.

22. What is `title insurance′ in real estate transactions?

A. Insurance covering damage to the property from natural disasters.

B. Insurance protecting against defects in the property′s title.

C. Insurance for mortgage lenders in case of borrower default.

D. Insurance for real estate agents against liability claims.

23. What is the term for a professional who helps clients buy, sell, or rent properties?

A. Appraiser

B. Property Manager

C. Real Estate Agent

D. Mortgage Broker

24. What is `equity′ in homeownership?

A. The total value of the property.

B. The difference between the property′s market value and the outstanding mortgage balance.

C. The initial down payment made on a property.

D. The annual property tax assessment.

25. What is the purpose of an `escrow account′ in a real estate transaction?

A. To provide insurance for the property.

B. To manage rental income and expenses.

C. To hold funds securely until transaction conditions are met.

D. To calculate property taxes.

26. What does `cap rate′ (capitalization rate) measure in real estate?

A. The loan interest rate on a property.

B. The annual return on investment of a property.

C. The total cost of capital improvements.

D. The depreciation rate of a property.

27. Which of the following is NOT typically considered part of `closing costs′ when buying a home?

A. Appraisal fees

B. Home inspection fees

C. Down payment

D. Title insurance

28. What does `ROI′ stand for in real estate investment?

A. Rate of Interest

B. Return on Investment

C. Real Opportunity Index

D. Risk of Investment

29. What is `HOA′ an acronym for in real estate?

A. Home Owners Association

B. Housing Opportunity Agency

C. Home Office Approval

D. Hazardous Occupancy Area

30. In real estate finance, what is `loan-to-value ratio′ (LTV)?

A. The ratio of the loan amount to the property′s appraised value.

B. The ratio of monthly loan payments to monthly income.

C. The ratio of total loan costs to the loan amount.

D. The ratio of the borrower′s credit score to the interest rate.