Đề 10 – Đề thi, câu hỏi trắc nghiệm online Tiếng Anh ngành Bất động sản

1. What is the purpose of an 'environmental impact assessment' in real estate development?

A. To determine the market value of the property.

B. To evaluate the potential environmental consequences of a proposed project.

C. To secure financing for the project.

D. To obtain building permits.

2. What is 'capital gain' in real estate?

A. The initial cost of purchasing a property.

B. The profit earned from the sale of a property.

C. The annual property tax.

D. The amount of the mortgage loan.

3. Which term refers to the legal process of transferring property ownership from one person to another?

A. Appraisal

B. Conveyance

C. Depreciation

D. Amortization

4. What is 'foreclosure'?

A. A type of home improvement loan.

B. A legal process where a lender takes possession of a property due to the borrower's failure to repay the mortgage.

C. A government program for first-time homebuyers.

D. A method of property valuation.

5. What is a 'quitclaim deed'?

A. A warranty deed providing full protection to the buyer.

B. A deed that transfers whatever interest the grantor has in the property without any warranties.

C. A deed used to transfer property to a trust.

D. A deed used in foreclosure proceedings.

6. What does 'title insurance' protect against?

A. Damage to the property from natural disasters.

B. Financial loss due to defects in the property title.

C. The borrower's inability to repay the mortgage.

D. Fluctuations in interest rates.

7. What is a 'lien' in the context of real estate?

A. A type of property tax.

B. A legal claim against a property as security for a debt.

C. A zoning regulation.

D. A building permit.

8. What does 'HOA' stand for?

A. Home Owners Association

B. Housing Opportunity Agency

C. Home Organization Alliance

D. Home Office Administration

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

A. Rate of Interest

B. Return on Investment

C. Real Opportunity Index

D. Revenue Over Inflation

10. What is a 'lease agreement'?

A. A document transferring property ownership.

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

C. A type of insurance policy.

D. A property valuation report.

11. What is 'zoning' in real estate?

A. A type of loan insurance.

B. The division of land into areas for specific uses.

C. A method of calculating property taxes.

D. A system for rating energy efficiency.

12. What is 'PMI' (Private Mortgage Insurance)?

A. A government-backed mortgage program.

B. Insurance that protects the lender if the borrower defaults on the mortgage.

C. Insurance that protects the borrower against property damage.

D. A type of life insurance.

13. Which of the following best describes 'due diligence' in real estate?

A. The process of obtaining a mortgage.

B. A thorough investigation of a property and its related documents.

C. Negotiating the purchase price.

D. Marketing a property for sale.

14. What is 'easement' in real estate?

A. A type of property tax.

B. The right to use another person's property for a specific purpose.

C. A zoning regulation.

D. A building permit.

15. What is the meaning of 'fixture' in real estate?

A. A temporary decoration.

B. Personal property that is easily removable.

C. An item of personal property that has become permanently attached to the real property.

D. A type of loan.

16. What does 'escrow' mean in real estate transactions?

A. A type of insurance policy.

B. A neutral third party holding funds or documents.

C. A government agency regulating property sales.

D. A method of property valuation.

17. What is a 'real estate appraisal'?

A. A marketing strategy for selling properties.

B. An estimate of a property's market value.

C. A legal document transferring property ownership.

D. A building inspection report.

18. What is 'eminent domain'?

A. A type of property tax exemption.

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

C. A legal process for resolving boundary disputes.

D. A set of building codes.

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

A. Capital Appreciation Percentage Rate

B. Capitalization Rate

C. Construction and Planning Rate

D. Cash Available Profit Rate

20. What is a 'survey' in real estate?

A. An inspection of a property's structural condition.

B. A precise measurement and mapping of a property's boundaries.

C. An assessment of a property's market value.

D. A review of a property's legal title.

21. What does 'REIT' stand for?

A. Real Estate Investment Trust

B. Residential Equity Investment Team

C. Rental Earnings Income Tax

D. Regional Economic Improvement Taskforce

22. What is a 'short sale'?

A. A quick property auction.

B. The sale of a property for less than the outstanding mortgage balance, with the lender's approval.

C. A type of home improvement loan.

D. A lease agreement with a short term.

23. Which term describes the decrease in value of a property over time due to wear and tear, obsolescence, or other factors?

A. Appreciation

B. Depreciation

C. Amortization

D. Inflation

24. What is a 'balloon payment' in a mortgage?

A. A small, regular payment.

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

C. A payment made to reduce the principal balance.

D. A payment for property taxes.

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

A. A person who provides financial advice.

B. A licensed professional who acts as an intermediary between buyers and sellers of real estate.

C. A property inspector.

D. A mortgage lender.

26. What is 'amortization' in the context of a mortgage?

A. A fee charged for processing the loan.

B. The process of gradually paying off a debt through regular payments.

C. The insurance that protects the lender.

D. The assessment of property value.

27. What is 'property tax'?

A. A tax on rental income.

B. A tax levied on the assessed value of real estate.

C. A tax paid by the seller when a property is sold.

D. A tax on capital gains.

28. What is 'leverage' in real estate investment?

A. The use of borrowed capital to increase the potential return of an investment.

B. A government subsidy for property development.

C. The process of negotiating a lower purchase price.

D. A type of property insurance.

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

A. A required fee for legal services.

B. A condition that must be met before the contract becomes binding.

C. A clause guaranteeing a specific interest rate.

D. A penalty for early termination of the contract.

30. What is a 'deed'?

A. A loan agreement.

B. A legal document that transfers ownership of real property.

C. An insurance policy.

D. A property appraisal report.