Đề 5 – Bài tập, đề thi trắc nghiệm online Tiếng Anh ngành Bất động sản

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

A. Furniture

B. Land

C. Jewelry

D. Vehicles

2. In real estate, `REIT′ stands for:

A. Real Estate Investment Trust

B. Residential Energy Improvement Tax

C. Regional Economic Investment Treaty

D. Rental Equity Income Transfer

3. Which term describes the process where the government takes private property for public use, with just compensation?

A. Eminent Domain

B. Foreclosure

C. Condemnation

D. Adverse Possession

4. What is a `lien′ in the context of real estate?

A. A type of home inspection.

B. A legal claim against a property.

C. A discount on property taxes.

D. A form of homeowner′s insurance.

5. What is a `comparative market analysis′ (CMA) used for?

A. To assess the structural integrity of a building.

B. To determine the appropriate listing price for a property.

C. To calculate property taxes.

D. To apply for a mortgage.

6. In real estate, `leasehold′ refers to:

A. Ownership of the land and the buildings.

B. The right to use property for a specific period.

C. A type of property insurance policy.

D. A government grant for property development.

7. What does `curb appeal′ refer to in real estate marketing?

A. The interior design of a property.

B. The attractiveness of a property from the street.

C. The size of the backyard.

D. The proximity to public transportation.

8. Which of the following BEST describes `due diligence′ in real estate?

A. The process of marketing a property for sale.

B. The legal process of eviction.

C. Reasonable steps taken to verify information and facts.

D. Negotiating the sale price of a property.

9. The term `HOA′ in real estate typically stands for:

A. Homeowners′ Origin Association

B. Housing Opportunity Alliance

C. Homeowners′ Association

D. Housing and Urban Affairs

10. Which of these terms refers to the decrease in value of property over time?

A. Appreciation

B. Depreciation

C. Inflation

D. Amortization

11. What does `MLS′ stand for in the real estate industry?

A. Mortgage Lending Service

B. Multiple Listing Service

C. Market Listing System

D. Municipal Land Survey

12. What does `cap rate′ (capitalization rate) primarily measure in real estate investment?

A. The loan interest rate.

B. The property appreciation rate.

C. The rate of return on investment.

D. The property tax rate.

13. In real estate contracts, `time is of the essence′ clause means:

A. Deadlines in the contract are suggestions, not strict.

B. Strict adherence to contract deadlines is required.

C. The contract is valid only during daytime hours.

D. The price may fluctuate with time.

14. What is a `balloon payment′ in a mortgage?

A. A very small initial payment.

B. A large lump sum payment due at the end of the loan term.

C. A payment that increases over time.

D. An optional extra payment.

15. What term refers to the estimated worth of a property, often determined by a professional appraiser?

A. Depreciation

B. Appreciation

C. Market Value

D. Assessed Value

16. What is the purpose of a `title search′ in a real estate transaction?

A. To assess the property′s market value.

B. To inspect the physical condition of the property.

C. To examine the property′s ownership history.

D. To negotiate the terms of the mortgage.

17. What is `zoning′ in urban planning and real estate?

A. The process of landscaping a property.

B. Regulations dividing land into districts based on permitted uses.

C. The assessment of property taxes.

D. The procedure for obtaining building permits.

18. What does `escrow′ generally refer to in a real estate transaction?

A. A type of property insurance.

B. A neutral third party holding funds and documents.

C. A government tax on property sales.

D. A loan pre-approval process.

19. Which document legally transfers ownership of real property from the seller to the buyer?

A. Promissory Note

B. Deed

C. Mortgage

D. Lease Agreement

20. Which of these is NOT typically a part of `closing costs′ for a home purchase?

A. Appraisal fees

B. Home inspection fees

C. Future mortgage payments

D. Title insurance

21. The term `amortization′ in real estate finance primarily refers to:

A. The total interest paid over the life of a loan.

B. The process of reducing loan principal over time.

C. The initial fees charged to obtain a mortgage.

D. The penalty for early loan repayment.

22. Which professional is primarily responsible for showing properties to potential buyers?

A. Appraiser

B. Real Estate Agent

C. Home Inspector

D. Mortgage Broker

23. What is `PMI′ (Private Mortgage Insurance) typically associated with?

A. Properties located in flood zones.

B. Loans with a down payment less than 20%.

C. Homes with pre-existing structural issues.

D. Commercial real estate investments.

24. In real estate, `fixtures′ are BEST described as:

A. Temporary decorations in a home.

B. Personal property of the seller.

C. Items permanently attached to the property.

D. Detachable appliances.

25. A `condominium′ is BEST described as:

A. A single-family detached house.

B. Individually owned units within a larger property.

C. A type of rental apartment.

D. Government-subsidized housing.

26. What is `easement′ in real estate law?

A. Full ownership of a property.

B. The right to use someone else′s land for a specific purpose.

C. A tax levied on property transfers.

D. A type of building code regulation.

27. What is a `brokerage′ in real estate?

A. A company that provides property insurance.

B. A firm that employs real estate agents and brokers.

C. A type of mortgage lender.

D. A government agency regulating housing.

28. What is `ad valorem′ in the context of property taxes?

A. A fixed tax rate.

B. A tax based on property value.

C. A tax on rental income.

D. A tax on property sales.

29. A `fixture′ becomes part of the real estate primarily because of:

A. Its high monetary value.

B. The owner′s intention when attaching it.

C. Its portability.

D. Its recent purchase date.

30. What is `equity′ in the context of homeownership?

A. The total amount of the mortgage loan.

B. The down payment made on a property.

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

D. The annual property taxes.