Đề 3 – Đề thi, câu hỏi trắc nghiệm online Tiếng Anh ngành Bất động sản

1. What is 'zoning' in real estate?

A. A type of mortgage

B. Regulations that control land use

C. A method of property valuation

D. A type of property tax

2. 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 with balloons

D. An extra payment to reduce the principal

3. What is 'foreclosure'?

A. The process of buying a new home

B. The process by which a lender takes possession of a property due to the borrower's failure to pay

C. A type of home renovation

D. A government program for first-time homebuyers

4. What is a 'leasehold' estate?

A. Ownership of a property

B. The right to possess property for a specified period of time

C. A type of property insurance

D. A government grant for property development

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

A. Rate of Interest

B. Return on Investment

C. Real Ownership Income

D. Risk of Investment

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

A. The process of marketing a property

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

C. Negotiating the purchase price

D. Obtaining a mortgage

7. What is a 'tax lien'?

A. A discount on property taxes.

B. A legal claim against a property due to unpaid taxes.

C. A program for reducing property taxes.

D. A refund on property taxes.

8. What is 'comparative market analysis' (CMA)?

A. A detailed inspection of a property's structural components.

B. An estimate of a property's value based on recent sales of similar properties.

C. A legal review of a property's title history.

D. An evaluation of a property's environmental impact.

9. What is a 'lien' in real estate?

A. A type of property insurance

B. A legal claim against a property

C. A discount offered to first-time homebuyers

D. A government subsidy for property development

10. What is a 'quitclaim deed'?

A. A warranty deed

B. A deed that transfers ownership without warranty

C. A foreclosure notice

D. A type of mortgage

11. What is 'short sale'?

A. Selling a property quickly for a lower price than its market value.

B. Selling a property for less than what is owed on the mortgage.

C. A type of property auction.

D. A sale that takes place during the winter.

12. What is 'escrow account' used for?

A. Paying for home renovations

B. Holding funds for property taxes and insurance

C. Investing in stocks

D. Saving for retirement

13. What does 'amortization' refer to in the context of a mortgage?

A. The process of insuring a property

B. The gradual repayment of a loan principal over time

C. The initial down payment on a property

D. The process of refinancing a mortgage

14. Which term refers to the process of evaluating a property's value?

A. Depreciation

B. Appraisal

C. Amortization

D. Valuation

15. Which of the following is NOT typically a responsibility of a property manager?

A. Collecting rent

B. Maintaining the property

C. Representing the buyer in a sale

D. Screening tenants

16. What is 'appreciation' in real estate?

A. The decrease in a property's value

B. The increase in a property's value

C. The cost of maintaining a property

D. The process of obtaining a mortgage

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

A. Homeowners of America

B. Homeowners Association

C. Housing Opportunity Agency

D. Home Office Administration

18. What is 'equity' in real estate?

A. The amount of debt owed on a property

B. The difference between the property's value and the amount owed on it

C. The annual property tax

D. The cost of insuring a property

19. What does 'REIT' stand for?

A. Real Estate Investment Trust

B. Residential Estate Income Tax

C. Rental Equity Interest Transaction

D. Regional Economic Investment Treaty

20. What is a 'real estate agent'?

A. Someone who manages rental properties

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

C. A person who invests in real estate

D. A government official who assesses property taxes

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

A. A type of property tax

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

C. A discount offered to cash buyers

D. A government regulation on property sales

22. What is 'cap rate' in real estate?

A. The cost of property insurance

B. A rate used to estimate the potential return on an investment property

C. The annual property tax rate

D. The interest rate on a mortgage

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

A. The cost of property improvements

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

C. The total value of a property

D. The annual property tax

24. What is 'grandfathered in' regarding zoning regulations?

A. A zoning regulation applicable only to elderly residents.

B. An exception allowing a property to continue its existing use despite new zoning regulations.

C. A zoning regulation that benefits families.

D. A zoning regulation that promotes green spaces.

25. What is 'eminent domain'?

A. A type of real estate appraisal

B. The government's power to take private property for public use

C. A legal dispute between neighbors

D. A form of property insurance

26. In real estate, what is 'title insurance'?

A. Insurance that protects against fire damage

B. Insurance that protects against defects in the property title

C. Insurance that covers homeowner's personal belongings

D. Insurance that covers liability for accidents on the property

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

A. A temporary decoration

B. An item permanently attached to the property

C. A piece of movable furniture

D. A type of real estate contract

28. What is the meaning of 'PMI' in real estate finance?

A. Property Management Income

B. Private Mortgage Insurance

C. Public Market Index

D. Personal Monetary Investment

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

A. A type of mortgage insurance

B. A neutral third party holding funds or documents

C. A government tax on property sales

D. A clause in a contract allowing cancellation

30. What is 'easement'?

A. A type of fencing

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

C. A type of loan

D. A type of appraisal