Do You Have Basic Knowledge About Data Foundation? Trivia Quiz

10 Questions | Total Attempts: 62

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Do You Have Basic Knowledge About Data Foundation? Trivia Quiz

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Questions and Answers
  • 1. 
    What are the two offices where DataQuick aquires the bulk of its public record data? Select both that apply.
    • A. 

      County Justice Department

    • B. 

      County Assessors Office

    • C. 

      County Recorders Office

    • D. 

      Office of Internal Affairs

    • E. 

      Department of Motor Vehicles

  • 2. 
    What type of information is recorded by the County Assessors Office? Select all that apply.
    • A. 

      Property Characteristics

    • B. 

      Legal Ownership

    • C. 

      Age and income of the occupants

    • D. 

      Site Address

    • E. 

      Proximity to flood plains and toxic waste dumps

  • 3. 
    County Assessor data is typically updated:
    • A. 

      Annually

    • B. 

      Every Four Years

    • C. 

      Every Five Years

    • D. 

      Every ten years with the US Census

  • 4. 
    True or False. The County Assessors Office is part of the property tax system.
    • A. 

      True

    • B. 

      False

  • 5. 
    True or False. The County Recorders office records documents related to a property transaction. A transaction can be anything from a home purchase to a refinance.
    • A. 

      True

    • B. 

      False

  • 6. 
    Which of the following are Foreclosure related documents? Select all that apply.
    • A. 

      Notice of Default (NOD)

    • B. 

      Notice of Trustees Sale (NOT)

    • C. 

      Grant Deed

    • D. 

      Deed of Trust

  • 7. 
    Recorder records are matched to assessor base file using the APN (Assessor Parcel Number).
    • A. 

      True

    • B. 

      False

  • 8. 
    Which of the following are considered the added value applied to DataQuick Data? Select all that apply.
    • A. 

      Standardization (e.g. Use Codes)

    • B. 

      Matching Assessor with Recorder Data

    • C. 

      Property Condition Reports Provided by Google

    • D. 

      Geo Codes (Geographic Codes) for Sales Comparables

    • E. 

      Geological Survey Information for Earthquake Insurance

    • F. 

      Data Modeling

  • 9. 
    One use of the DataQuick Loan Model is to determine the loan position: First, second, or third loan.
    • A. 

      True

    • B. 

      False

  • 10. 
    DataQuick data coverage includes the United States, Mexico, Canada, Unitied Kingdom, France, and the German Democratic Republic in its geographic footprint.
    • A. 

      True

    • B. 

      False

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