Đề 2 – Đề thi, câu hỏi trắc nghiệm online Tiếng Anh ngành Bất động sản

1. What is the difference between 'leasehold' and 'freehold' ownership?

A. Leasehold is for commercial properties, while freehold is for residential.

B. Leasehold is ownership for a specified period, while freehold is permanent ownership.

C. Leasehold involves owning the building, while freehold involves owning the land.

D. Leasehold is cheaper than freehold.

2. What is a 'lease agreement'?

A. A document transferring ownership of a property.

B. A contract outlining the terms under which one party agrees to rent property owned by another party.

C. A type of property insurance.

D. A government regulation.

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

A. Multiple Listing Service

B. Mortgage Lending System

C. Market Listing Statistics

D. Municipal Land Survey

4. What is the meaning of 'escrow' in real estate transactions?

A. A type of mortgage insurance

B. A legal document that transfers property ownership

C. A neutral third party holding funds or documents until specific conditions are met

D. A government agency that regulates real estate

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

A. A mandatory fee.

B. A clause that allows a party to back out of the contract under certain conditions.

C. A type of insurance policy.

D. A government regulation.

6. What is 'appreciation' in the context of real estate?

A. The decrease in the value of a property.

B. The increase in the value of a property over time.

C. The annual property taxes.

D. The cost of maintaining a property.

7. Which of the following terms best describes the process of determining the value of a property?

A. Depreciation

B. Appraisal

C. Amortization

D. Valuation

8. What is 'foreclosure'?

A. The process by which a lender takes possession of a property due to the borrower's failure to repay the mortgage.

B. A type of government grant.

C. A system of property taxation.

D. A legal dispute between neighbors.

9. What is 'title insurance' in real estate?

A. Insurance that covers damage from natural disasters.

B. Insurance that protects against defects in the property title.

C. Insurance that covers the cost of renovations.

D. Insurance that covers the cost of furniture.

10. In real estate, what is a 'fixture'?

A. A temporary decoration.

B. An item of personal property.

C. An item permanently attached to the property.

D. A type of loan.

11. What does 'ROI' typically refer to in real estate investment analysis?

A. Rate of Inflation

B. Return on Investment

C. Real Output Index

D. Risk Optimization Indicator

12. What is 'eminent domain'?

A. A legal dispute between neighbors.

B. The right of the government to take private property for public use, with compensation.

C. A type of mortgage fraud.

D. A system of property taxation.

13. What does 'HOA' stand for in real estate?

A. Home Owners Association

B. Housing Opportunity Agency

C. Home Office Administration

D. Housing and Occupancy Act

14. Which of the following best describes 'property management'?

A. The process of building new houses.

B. The oversight of real estate by a third party.

C. The process of buying and selling properties.

D. The assessment of property taxes.

15. What is a 'quitclaim deed'?

A. A type of mortgage.

B. A legal document that transfers ownership of a property without warranty.

C. A type of property insurance.

D. A government grant for first-time homebuyers.

16. Which phrase accurately describes 'due diligence' in the context of real estate investment?

A. The process of quickly buying a property

B. A thorough investigation of a property and its associated risks

C. Ignoring potential problems to close a deal faster

D. Relying solely on the seller's representations about a property

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

A. The amount of money spent on property maintenance.

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

C. The total cost of a mortgage.

D. The annual property taxes.

18. What is 'zoning' in real estate?

A. The process of installing new plumbing

B. A system of government regulations that control land use

C. A type of energy-efficient heating system

D. The process of measuring property boundaries

19. What does 'PMI' stand for in the context of mortgages?

A. Property Market Index

B. Private Mortgage Insurance

C. Public Mortgage Investment

D. Portfolio Management Investment

20. Which of the following is the closest meaning of 'amortization' in the context of mortgage payments?

A. The decrease in a property's value over time

B. The process of paying off a debt with regular payments over a fixed schedule

C. A one-time fee charged by the lender

D. An insurance policy that protects the lender

21. In real estate, what is a 'lien'?

A. A type of decorative fencing

B. A claim or legal right against assets, often for unpaid debt

C. A government program for first-time homebuyers

D. A discount offered on property taxes

22. What is a 'mortgage'?

A. A type of property insurance.

B. A loan used to finance the purchase of real estate.

C. A tax on real estate transactions.

D. A government subsidy for first-time homebuyers.

23. What does 'cap rate' stand for in commercial real estate?

A. Capital Appreciation Percentage Rate

B. Capitalization Rate

C. Cash Available Percentage Rate

D. Cost Allocation Percentage Rate

24. What is a 'real estate agent'?

A. A government employee who assesses property taxes.

B. A licensed professional who helps clients buy, sell, or rent properties.

C. A lawyer specializing in property law.

D. A construction worker who builds houses.

25. What is 'escrow' money used for in the context of buying a home?

A. Paying for renovations.

B. Covering closing costs.

C. Holding funds for property taxes and insurance.

D. Paying the real estate agent's commission.

26. Which term describes the legal process of removing a tenant from a property?

A. Eviction

B. Accretion

C. Dereliction

D. Subrogation

27. What is 'encroachment' in real estate?

A. A type of government regulation.

B. When a structure illegally extends onto another person’s property.

C. A legal document.

D. A system of property taxation.

28. What is a 'broker' in real estate?

A. A person who builds houses.

B. A licensed professional who oversees real estate agents and manages real estate transactions.

C. A government official who regulates real estate.

D. A person who invests in real estate.

29. 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 cost of landscaping.

D. The process of inspecting a property.

30. What does 'REIT' stand for?

A. Real Estate Investment Trust

B. Residential Energy Improvement Tax

C. Regional Economic Investment Treaty

D. Rental Equity Income Tax