Real Estate Ch. 12 - Finance
Authored by LECOM DE 2026
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18 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term means: protects you from an unclean title
Title insurance
Mortgage
MLS
Principle
Land Survey
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term means: loan secured by the collateral of a specific real estate property
Title insurance
Mortgage
MLS
Principle
Land Survey
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term means: listing service real estate agents use
Title insurance
Mortgage
MLS
Principle
Land Survey
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term means: the face value of your mortgage, not including interest
Title insurance
Mortgage
MLS
Principle
Land Survey
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term means: shows where property lines are
Title insurance
Mortgage
MLS
Principle
Land Survey
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term means: the value of your house over and above the mortgage
Equity
Home warranty
Appreciation
Principle
Land survey
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What term means: an agreement that ensures the structural soundness of a house
Equity
Home warranty
Appreciation
Principle
Land survey
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