FSE2080 Funeral Law 3.3 Study Questions and Correct Answers
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Course
FSE 2080
Institution
FSE 2080
When is the annual cemetery renewal fee due? By December 31st of each year.
Peaceful Rest Cemetery did $356,000 in gross sales this year. What is the renewal fee for Peaceful Rest Cemetery? $900
How much money must be deposited into the Care and Maintenance Trust Fund for a grave space that costs...
FSE2080 Funeral Law 3.3 Study
Questions and Correct Answers
When is the annual cemetery renewal fee due? ✅By December 31st of each year.
Peaceful Rest Cemetery did $356,000 in gross sales this year. What is the renewal fee
for Peaceful Rest Cemetery? ✅$900
How much money must be deposited into the Care and Maintenance Trust Fund for a
grave space that costs $200? ✅$25
How much money must be deposited into the Care and Maintenance Trust Fund for a
$600 grave space? ✅$60
According to the State Board Website, what is the amount of the renewal fee for a
monument establishment? ✅Establishment Builder = $705
Establishment Retailer = $255
Mrs. Jennifer George has left a generous endowment of $10,000 to Peaceful Rest
Cemetery. How much must be placed into the Care and Maintenance Trust Fund?
✅$10,000 = 100%
Mr. and Mrs. Johnson purchased 2 grave spaces for $650 each on March 4th. By when
must the Cemetery company make the deposit into the Care and Maintenance Trust
Fund?> ✅By April 30th. This is 30 days from the end of the month in which the spaces
were purchased.
On September 3, 2005, Peaceful Rest Cemetery sold the first space in the yet to be
constructed PR Mausoleum. The Mausoleum is to house 200 caskets. The 100th space
was sold on April 10, 2007. By which date must construction begin on the new
mausoleum? By what date must it be completed? ✅It must begin by September, 3,
2009 and be completed by September 3, 2010
Which of the following functions can a cemetery require the consumer to purchase from
the cemetery and from no other entity? ✅-Care and maintenance of cemetery
-Opening and closing costs
-Initial sale of a pre-need contract for a grave space
What offense/penalty may a cemetery be subject to if they charge a $50 transfer fee to
transfer the burial rights for specified space from one person to another? ✅None. A fee
not to exceed $50 may be charged
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