Real Estate Quizzes, Questions & Answers

Recent Quizzes

Pre PKT - Oct 2015

This quiz assesses knowledge of under-construction property identification, handling customer email queries, and listing procedures for real estate agents.

Questions: 10 | Attempts: 105 | Last updated: Jul 16, 2024

Sample Question
When is the property considered as Under Construction ?

The walls are not plastered and bricks are visible

For Buy - If the possession date is within 06 months only then the property can be listed

The flooring or tiles are not ready

All of the above

Pre PKT Oct - Reactivation

Pre pkt Oct - Reactivation

The 'Pre pkt Oct - Reactivation' quiz assesses knowledge on reactivating properties for rent, including confirmation requirements, property availability, and ticket raising for missing photographs. It's designed for professionals...

Questions: 10 | Attempts: 32 | Last updated: Mar 21, 2023

Sample Question
Before we take request for reactivation of properties we need to cofirm

Name of the owner

Name of the company

Name of the broker

None of the above

Real Estate Planning - Chapter 11

This quiz, titled 'Real Estate Planning - Chapter 11', assesses knowledge on the inclusion of life insurance policies in federal gross estate calculations, effects of ownership transfers, and implications of viatical settlements....

Questions: 35 | Attempts: 170 | Last updated: Mar 19, 2023

Sample Question
Jack purchased a life insurance policy on his own life and never designated a beneficiary. In this case, the life insurance policy death benefit is:

Included in Jack's federal gross estate if Jack dies within three years of the initial premium payment.

Included in Jack's federal gross estate if Jack paid the premiums until his death.

Never included in Jack's federal gross estate.

Always included in Jack's federal gross estate.

Real Estate Planning - Chapter 10

This quiz in 'Real Estate Planning - Chapter 10' assesses knowledge on U.S. estate tax laws, focusing on marital deductions, use of Qualified Domestic Trusts (QDOTs), and conditions for unlimited marital deductions. It is...

Questions: 19 | Attempts: 160 | Last updated: Mar 21, 2023

Sample Question
When a U.S. citizen dies and bequeaths property to his U.S. citizen spouse, the marital deductions is limited to the following amount:

$0

$1,360,800

$5,340,000

The marital deduction is unlimited.

Section 2: Real Estate Documents

Explore key real estate documents in Section 2: Real Estate Documents. This quiz assesses understanding of document types like affidavits, deeds, and mortgages, focusing on their purposes and roles in property transactions....

Questions: 15 | Attempts: 336 | Last updated: Mar 21, 2023

Sample Question
A document that lists the summary of a transaction and is where key pieces of information can be quickly found.

Deed of Trust

Assumption Agreement

Affidavit

Deed

Section 1: Real Estate Basics

This quiz will test your knowledge of Section 1 of the training module and will focus on the basics of real estate to give you a good foundation for learning all other subsequent material.

Questions: 13 | Attempts: 441 | Last updated: Mar 22, 2023

Sample Question
Fixed property that cannot be taken from the property such as buildings, fixtures, and the land itself is called what?

Real Property

Personal Property

Parcel Property

Personal Estate

Real Estate Planning - Chapter 5

This quiz in Chapter 5 of Real Estate Planning assesses understanding of estate taxation and gift implications. Topics include revocable trusts, interest-free loans, and lifetime gifting strategies, focusing on their tax impacts...

Questions: 39 | Attempts: 259 | Last updated: Mar 22, 2023

Sample Question
Grandmother Joes contributed $2.5mm to a revocable trust. She has a life expectancy of 24 years and she will receive an 8% per year annuity from the trust. At her ddeather, the corpus will be paid to her granddaughter, Lisa. What is Grandmother Jones's taxable gift?

$0

$2,094,752

$2,489,000

$2,500,000

Real Estate Laws In Philippines Trivia

Real Estate Laws in Philippines Trivia

Below is a quiz on Real Estate Laws in the Philippines. A lot of people dream of having an island they can go to or a vacation home in the Philippines. As a real estate agent, you are expected to know the rules governing...

Questions: 119 | Attempts: 1649 | Last updated: Apr 29, 2024

Sample Question
The Condominium Act law is an act to define condominium, establish requirements for its creation, and govern its incidents.

P.D. 4276

R.A. 4726

P.D. 4726

R.A. 4276

Real Estate Nature And Description Of Real Estate (Chapter 2)

Real Estate NATURE AND DESCRIPTION OF REAL ESTATE (Chapter 2)

Explore key concepts in real estate through this quiz on property ownership, classification, and legal descriptions. Assess your understanding of real and personal property, and enhance your knowledge of property rights and their...

Questions: 35 | Attempts: 150 | Last updated: Jun 4, 2024

Sample Question
The Bundle of Legal Rights, also known as Property Ownership Rights, includes ...

Posession

Control

Quiet Enjoyment

Exclusion

Disposition

Reflection

Real Estate Broker Records Keeping Quiz

The Real Estate Broker Records Keeping Quiz assesses the compliance of record-keeping practices in real estate. It evaluates if agents properly handle offers, lease applications, and correspondence, ensuring all transactions are...

Questions: 7 | Attempts: 185 | Last updated: Oct 28, 2024

Sample Question
Do your agents turn in every offer they write or receive regardless of outcome?

Yes

No

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