9. (CH.9) Eminent domain doesn't include... (These are all examples of Eminent Domain
except...?) - answer✔A shopping mall
10. (CH.8) Individuals buy home with possession, interest, time, title, and survivorship. How can
they take ownership? - answer✔Joint Tenancy
11. (CH.8) Individuals who can buy a property with the same or different deed are called what? -
answer✔Tenancy in Common
12. (CH.16) What does an over-improved property suffer from? - answer✔Functional
Obsolescence
13. (CH.16) What type of value is for a county courthouse? - answer✔Cost depreciation
14. (CH.14) Which tax applies to a new mortgage but not an assumed mortgage? -
answer✔Intangible tax
15. (CH.2) A licensee has a Broker's license but continues to act as an associate. What are they
called? - answer✔Broker Associates
16. (CH.11) How may contractual rights be transferred from one person to another? -
answer✔Assignment
17. (CH.9) What should a broker do when they find out that the title of a property isn't
merchantable? - answer✔Immediately notify the owner regarding the condition of the title
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