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Updated: Jun 05, 2026
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1. Ben would like to construct a restaurant on a parcel of land. This particular parcel is not zoned for commercial use. Ben should go to the city and seek a(n):
A) exemption
B) deferrence
C) encroachment
D) use variance
2. What are mortgage-backed securities?
A) promissory notes that reference a security instrument
B) the rights to real property being held by one party for the benefit of another
C) notices that acknowledge a borrower's debt to the lender and promise to repay the holder of the note
D) investment instruments that have packaged mortgages as collateral
3. What does a lender use to discover all possible defendants in a foreclosure lawsuit?
A) a deficiency judgment
B) a lis pendens
C) a title search
D) an advertisement
4. What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?
A) escheat
B) police power
C) variance
D) eminent domain
5. What is the legal doctrine by which the decedent's property will pass to the state without their consent if that individual dies without a will, a surviving spouse, lineal descendants, or other known heirs?
A) escheat
B) police power
C) variance
D) eminent domain
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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