Question 1 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link A home warranty for a previously owned home would usually cover which of the following items? A. structure or flooding issues after closing B. only home systems such as the roof, plumbing, and foundation C. major appliances and home systems such as electric, heating, and plumbing D. major appliances, the buyer's personal property, and any seller added fixtures Submit Answer
Question 2 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link A real estate licensee was very devout in a certain religion... the licensee is guilty of A. steering. B. blockbusting. C. panic peddling. D. religious freedom. Submit Answer
Question 3 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link A tenant leased a building for use as a bookstore, and the tenant installed wall-mounted shelving. Is the tenant permitted to remove the shelving? A. Yes, because the shelving is a trade fixture. B. Yes, because the shelving is real property. C. No, because the shelving becomes an emblem. D. No, because installed fixtures become the property of the owner. Submit Answer
Question 4 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link The term "loan-to-value ratio" means the ratio of the loan amount to the A. appraised value or sale price, whichever is higher. B. appraised value or sale price, whichever is lower. C. listed price, whichever is higher. D. listed price, whichever is lower. Submit Answer
Question 5 of 5 Share Facebook Twitter LinkedIn WhatsApp Email Copy Link On federal income tax returns, a homeowner is allowed to deduct A. utility expenses. B. mortgage interest. C. homeowner's association dues. D. hazard insurance. Submit Answer