Đề 4 – Đề thi, câu hỏi trắc nghiệm online Tiếng Anh ngành Bất động sản

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

A. A type of landscaping

B. A legal claim or right against a property

C. A government program for first-time homebuyers

D. A discount offered to senior citizens

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

A. Eviction

B. Acquisition

C. Subrogation

D. Annexation

3. What is the difference between 'leasehold' and 'freehold' property?

A. Leasehold is owning the building, freehold is owning the land.

B. Leasehold is renting with an option to buy, freehold is renting without.

C. Leasehold is renting the property for a fixed period, freehold is owning the property outright.

D. Leasehold is owning the property outright, freehold is renting the property for a fixed period.

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

A. A person who manages rental properties

B. A licensed professional who acts as an intermediary in real estate transactions

C. A person who provides financial advice to homebuyers

D. A person who inspects properties for defects

5. Which of the following terms best describes the process of assessing the value of a property?

A. Depreciation

B. Appraisal

C. Amortization

D. Accretion

6. What is 'zoning' in real estate?

A. A type of energy-efficient building material

B. The division of land into areas for specific uses

C. A government program for urban renewal

D. A tax on property improvements

7. What is the term for transferring property ownership from seller to buyer?

A. Accretion

B. Conveyance

C. Depreciation

D. Amortization

8. What is 'grandfathered' in real estate terms?

A. Exempt from new regulations due to pre-existing circumstances

B. Required to pay higher property taxes

C. Entitled to government subsidies

D. Subject to stricter building codes

9. What is 'easement' in real estate law?

A. A type of property tax

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

C. A building code regulation

D. A government program for affordable housing

10. What does 'escrow account' typically cover?

A. Home renovations

B. Property taxes and insurance

C. Mortgage interest payments

D. Utility bills

11. What does 'cap rate' (capitalization rate) measure?

A. The annual cost of property insurance

B. The annual rate of property tax increase

C. The rate of return on a real estate investment

D. The rate at which a property depreciates

12. What is a 'deed'?

A. A monthly mortgage statement

B. A legal document that transfers property ownership

C. A property insurance policy

D. A property tax bill

13. What is 'right of first refusal'?

A. The right to appeal property tax assessments

B. The right to be the first to make an offer on a property

C. The right to match an offer made by another party

D. The right to access a property for inspection

14. What is 'Joint Tenancy'?

A. A type of commercial lease agreement

B. A form of property ownership where two or more people have equal rights

C. A type of mortgage loan

D. A type of homeowner's insurance

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

A. A temporary decoration

B. An item permanently attached to the property

C. A type of loan

D. A type of insurance

16. In real estate, what does 'escrow' refer to?

A. A type of mortgage insurance

B. A legal document transferring property ownership

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

D. A government tax on property sales

17. What is a 'sublease'?

A. A type of mortgage refinancing

B. A lease agreement between a tenant and a new tenant

C. A clause in a lease that allows the landlord to increase rent

D. A government subsidy for renters

18. What is 'depreciation' in real estate?

A. An increase in property value

B. A decrease in property value

C. The cost of insurance

D. The cost of improvements

19. What is a 'walk-through'?

A. A type of mortgage approval

B. A final inspection of a property before closing

C. A detailed appraisal report

D. A neighborhood tour with a real estate agent

20. In property management, what is 'vacancy rate'?

A. The rate of property tax increase

B. The percentage of unoccupied units in a property

C. The rate of return on investment

D. The cost of property insurance

21. What does 'amortization' mean in the context of a mortgage?

A. The process of increasing the loan amount

B. The gradual repayment of a loan principal over time

C. The insurance premium paid on a mortgage

D. The fee charged for processing a loan application

22. What is meant by 'market value'?

A. The assessed value for property taxes

B. The estimated price a willing buyer will pay to a willing seller

C. The original purchase price of the property

D. The cost of replacing the property

23. What is a 'real estate investment trust' (REIT)?

A. A government agency that regulates real estate transactions

B. A company that owns or finances income-producing real estate

C. A type of mortgage with a variable interest rate

D. A program that helps low-income families buy homes

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

A. An environmental study of a property

B. A valuation method used by tax authorities

C. An estimation of a property's market value based on similar properties

D. A detailed architectural survey of a building

25. What does 'title insurance' protect against?

A. Damage to the property from natural disasters

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

C. The borrower's inability to repay the mortgage

D. Decreases in property value

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

A. An additional fee charged by the real estate agent

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

C. A penalty for early termination of the contract

D. A clause that protects the seller from liability

27. What is 'due diligence' in real estate transactions?

A. The final payment made on a mortgage

B. The process of thoroughly investigating a property before purchase

C. A type of property insurance

D. A government subsidy for property development

28. What is a 'balloon mortgage'?

A. A mortgage with gradually increasing payments

B. A mortgage with a large lump-sum payment at the end of the term

C. A mortgage with a fixed interest rate

D. A mortgage insured by the government

29. What is 'appreciation' in real estate?

A. The decrease in property value over time

B. The increase in property value over time

C. The initial cost of purchasing a property

D. The annual cost of property maintenance

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

A. A type of property tax

B. Insurance that protects the lender if the borrower defaults

C. Insurance that protects the borrower from foreclosure

D. A government program for first-time homebuyers