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12 Cards in this Set

  • Front
  • Back

In a house's interior, a load-bearing wall:

a) usually has stronger members than other walls




b) normally is not moved during any remodeling




c) may be constructed at any angle in relation to a doorway




d) All of the above

In a conventionally-constructed house, the highest structural member in the frame is the:

a) top plate




b) ridge board




c) corner bracing




d) sill plate

The sheet metal used on a roof water seepage is called:

a) gutter




b) lath




c) insulation




d) flashing

During the winter, if the inside surface of an exterior wall feels the same temperature as the surface of an interior wall then:

a) more efficient the unit




b) less efficient the unit




c) greater the cooling power




d) more energy used

Betty buys Sally's home. A condition of the sale is that Sally provide a structural pest control report. Sally hires a pest control company to perform an inspection and any needed corrective work. The company to perform an inspection and any needed corrective work. The company performs the work and is paid by Sally. Which of the following statements is CORRECT?

a) If Betty wants a copy of the report, she must contact the Structural Pest Control Board and pay a fee



b) Sally must provide Betty with a copy of the pest control report as soon as practicable




c) The pest control company is required to provide copies of its report to all interested parties




d) Because any infestation has been resolved by the pest control company, no report needs to provided to Betty

In real estate transactions, structural pest control reports are:

a) always paid for by the seller




b) negotiated by the parties




c) ordered after the purchase agreement has been signed




d) required by all lenders

Backfill is typically used for:

a) landscaping




b) filling in excavated areas




c) roadways




d) the driveway foundation

If an appraiser sees that an abandon gas station is located next door to a residence she is appraising, she should recommend which of the following?

a) An EPA review




b) A rezone




c) A soil engineer's report




d) A toxic waste report

In portfolio risk management, which of the following needs to be considered?

a) Reserves




b) Liquidity




c) Diversification




d) All of the above

The term "equity financing" refers to:

a) an equity loan




b) borrowing against equity




c) purchasing using borrowed money




d) purchasing using the buyer's own money

Who is in charge of creating an emergency evacuation plan in a multi-tenant office building?

a) City or county health department




b) Fire department




c) Owner




d) Property manager

A "turnkey project" is:

a) a subdivision located in a rural area




b) a completed construction project ready for occupancy




c) a government-subsidized project




d) a divided parcel ready for construction