Đề thi, bài tập trắc nghiệm online Tiếng Anh ngành Bất động sản – Đề 10

1. In real estate, 'fixtures' refer to:

A. Temporary decorations in a home

B. Personal belongings of the homeowner

C. Items permanently attached to the property

D. Loose furniture within the property

2. The term 'amortization' is most closely related to:

A. Property insurance

B. Mortgage repayment

C. Home renovation

D. Property appraisal

3. Which of these factors would most likely DECREASE the value of a property?

A. Recent renovations to the kitchen and bathrooms

B. Located in a highly desirable school district

C. Proximity to public transportation

D. Environmental contamination on the site

4. Which of the following is an example of 'closing costs' in a real estate transaction?

A. Monthly mortgage payments

B. Home renovation expenses

C. Appraisal fees, title insurance, and loan origination fees

D. Property taxes paid annually

5. What is a 'short sale' in real estate?

A. A sale that must be completed within a short timeframe

B. The sale of a property for less than the outstanding mortgage balance

C. A sale where the buyer pays in cash

D. A sale of property that is smaller than average

6. What does 'appraisal' mean in the context of buying a house?

A. Renovating the kitchen

B. Determining the market value of the property by a licensed professional

C. Negotiating the price with the seller

D. Conducting a home inspection for defects

7. What is 'equity' in homeownership?

A. The monthly mortgage payment

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

C. The initial down payment amount

D. The cost of homeowners insurance

8. Which professional is primarily responsible for assessing the structural and mechanical condition of a property before purchase?

A. Real Estate Appraiser

B. Home Inspector

C. Title Company

D. Mortgage Underwriter

9. Which phrase best describes the process of determining the estimated value of a property?

A. Property Inspection

B. Market Analysis

C. Property Valuation

D. Due Diligence

10. What does 'MLS' stand for in the real estate industry?

A. Mortgage Lending Service

B. Multiple Listing Service

C. Market Listing System

D. Master Loan Schedule

11. What is the term for a person who acts as an intermediary between buyers and sellers of real estate?

A. Appraiser

B. Real Estate Agent

C. Property Manager

D. Mortgage Broker

12. The phrase 'due diligence' in real estate refers to:

A. Paying property taxes on time

B. Thorough investigation of a property and transaction

C. Negotiating the purchase price

D. Securing a mortgage loan

13. Which of these phrases describes the concept of 'supply and demand' in the housing market?

A. The relationship between property taxes and home values

B. The balance between the number of homes available and the number of buyers wanting to purchase

C. The government regulations on housing construction

D. The interest rates offered by mortgage lenders

14. What is 'leasehold' ownership in real estate?

A. Ownership of the building but not the land it's on

B. Full ownership of both the land and the building

C. Temporary ownership for a specified period

D. Ownership shared between multiple parties

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

A. A mobile home not permanently affixed to land

B. Furniture inside a house

C. Land and buildings

D. Stocks and bonds

16. What does 'ROI' stand for in real estate investment analysis?

A. Rate of Inflation

B. Return on Investment

C. Real Opportunity Index

D. Risk of Investment

17. What is 'capital gain' in real estate investment?

A. The initial down payment on a property

B. The profit from selling a property for more than its purchase price

C. The annual property tax rate

D. The cost of property maintenance

18. Which of these best describes 'zoning regulations'?

A. Rules about property insurance coverage

B. Government rules controlling land use and development

C. Homeowners' association guidelines

D. Building codes for construction quality

19. What is 'curb appeal' in real estate marketing?

A. The total square footage of a property

B. The attractiveness of a property from the street

C. The interior design of a home

D. The property tax rate

20. What is a 'contingency' in a real estate contract?

A. A mandatory property inspection fee

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

C. A penalty for early termination of the contract

D. A discount on the property price

21. Which term describes the legal document that transfers ownership of real property from a seller to a buyer?

A. Lease Agreement

B. Promissory Note

C. Deed

D. Title Insurance

22. The term 'comparables' or 'comps' in real estate refers to:

A. Property features that are superior to others in the market

B. Recently sold properties with similar characteristics used for valuation

C. Properties currently listed for sale in the same area

D. Properties that have been foreclosed upon

23. What does 'HOA' stand for in the context of real estate?

A. Home Owners' Association

B. Housing Opportunity Agency

C. Homestead Ownership Act

D. House Operating Agreement

24. In real estate finance, 'LTV' stands for:

A. Loan-to-Value ratio

B. Long-Term Value

C. Land Title Verification

D. Legal Transfer Value

25. What is 'PMI' in mortgage terms?

A. Property Market Index

B. Private Mortgage Insurance

C. Public Mortgage Interest

D. Primary Mortgage Investment

26. What is 'escrow' in a real estate transaction?

A. A type of property tax

B. A neutral third party holding funds and documents

C. A government housing subsidy

D. A home inspection report

27. Which of the following is NOT typically a responsibility of a 'Property Manager'?

A. Collecting rent from tenants

B. Finding new tenants

C. Selling the property

D. Handling property maintenance

28. In real estate, what is meant by 'brownfield land'?

A. Undeveloped green spaces in urban areas

B. Previously developed land that may be contaminated

C. Agricultural land designated for residential development

D. Land protected for conservation purposes

29. Which phrase is used to describe the process of legally examining the history of ownership for a property?

A. Home inspection

B. Title search

C. Property survey

D. Market analysis

30. Which document outlines the legal terms of a rental agreement between a landlord and a tenant?

A. Deed of Trust

B. Lease Agreement

C. Warranty Deed

D. Quitclaim Deed