Conveyancing Terminology
5 Questions
| Attempts: 171
A test to see how many conveyancing terms you know the meaning of.
Questions and Answers
- 1.
Another word for security from damage or loss is
- A.
Inflation
- B.
Indemnity
- C.
Influence
- D.
Invalid
Correct Answer
B. Indemnity -
- 2.
The office where details of all registered land are held is called
- A.
Estate agents
- B.
Somerset House
- C.
Town hall
- D.
Land registry
Correct Answer
D. Land registry -
- 3.
The new term for the "vendor" is
- A.
Purchaser
- B.
Seller
- C.
Retailer
- D.
Supermarket
Correct Answer
B. Seller -
- 4.
The new term for the "purchaser" is
- A.
Buyer
- B.
Seller
- C.
Vendor
- D.
Consumer
Correct Answer
A. Buyer -
- 5.
A grant for the exclusive possession of property to last for a stated number of years is known as a
- A.
Mortgage
- B.
Lease
- C.
Rent
- D.
Loan
Correct Answer
B. Lease -
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Current Version
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Jan 10, 2013Quiz Edited by
ProProfs Editorial Team -
Mar 11, 2010Quiz Created by
Rozthomson
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