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Quiz #6 - Chapters 9 & 10

Choose the BEST answer

1. In parts of the country where there are many lakes and rivers, the rectangular
    survey system designations will often include:

               A. Hyphenated sections.
               B. Meander-line sections
               C. Mean water-line sections
               D. Fractional sections

2. Strips of land six miles wide that run north and south are called:

               A. Tiers.
               B. Ranges
               C. Latitudes
               D. Longitudes

3. The primary survey line running east and west in the rectangular survey system is
     the:

               A. township line
               B. Base line
               C. Range line
               D. Principal meridian

4. Reference to a book and page number in the recorderís office is part of a legal
    description using the

               A. U.S. government survey system
               B. Rectangular survey system
               C. Subdivision system
               D. Metes and bounds system

5. The section of land reserved for school purposes in the rectangular survey
     system is section:

               A. 12
               B. 16
               C. 20
               D. 36

6. The following legal description contains how many acres: the South one-half
     of the Southeast one-quarter of the Northwest one-quarter of the Northwest
     one-quarter of Section 7?

               A. 2.5
               B. 5
               C. 10
               D. 20

7. The numbering sections in a township begins in the section in the:

               A. Northeast corner and then runs easterly
               B. Northwest corner and then runs easterly
               C. Northeast corner and then runs westerly
               D. Northwest corner and then runs westerly

8. "Beginning at the SE corner of the NE ľ of the section, then due west 5,280
     feet more or less to the SW corner of the NW ľ, then north along the west
     line of the section 2,640 feet more or less to the NW corner of said NW ľ, then
     in a straight line to the point of beginning." How many acres does this parcel
     contain?

               A.   80 acres
               B. 160 acres
               C. 240 acres
               D. 320 acres

9. Which of the following parcels of land is the smallest?

               A. two sections
               B. Five percent of a section
               C. Two square miles
               D. 1,280 acres

10. A metes and bounds legal description must:

                A. cover an area larger than 10 acres
                B. be used in areas not covered by the rectangular survey system
                C. Commence and finish at the same identifiable point
                D. Always use north as the basis for directions

11. A recorded subdivision plat is used in the:

                A. geodetic survey system
                B. rectangular survey system
                C. Lot and block system
                D. Metes and bounds system

12. A lot with a depth of 80 feet and an area of 4,800 square feet was sold for $350
      per front foot. What was the total sales price?

                A. $21,000
                B. $28,000
                C. $31,800
                D. $35,000

13. A parcel of land described as "the NW ľ and the SW ľ of Section 6, T4N, R8W,
      of the Third Principal Meridian was sold for $875 per acre. The listing broker will
      receive a 5 percent commission on the total sales price. How much will the
      broker receive?

                A. $1,750
                B. $5,040
                C. $14,000
                D. $15,040.

14. A metes and bounds legal description:

                A. Can be made only in areas excluded from the rectangular survey system
                B. Is not acceptable in court in most jurisdictions
                C. Must commence and finish at the same identifiable point
                D. Is used to complete areas omitted from recorded subdivision plats.

15. The system of legal description that defines a parcel of land by its perimeter is
       the:

                A. Geodetic survey
                B. Rectangular Survey
                C. Lot and block system
                D. Metes and bounds system

16. Mechanicís liens are based on:

                A. Federal law
                B. State law
                C. Common law
                D. Case law

17. The current market value of a property is $35,000. For tax purposes, it is
       assessed at 40 per cent of market value. The tax rate is $4 per $100 of assessed
       value. What is the amount of tax due?

               A. $560
               B. $625
               C. $70
               D. $740

18. Which of the following liens does not need to be recorded to be valid?

              A. Mortgage liens
              B. Real estate tax lien
              C. Judgment lien
              D. Mechanicís lien

19. The NW ľ of the NE ľ of the SW 1/4 , Section 20, Township 4 South, Range 2
       East describes a tract of:

              A. .125 acre
              B. .5 acre
              C. 10 acres
              D. 64 acres

20. A property owner contracted to have a swimming pool installed on her property.
      When the pool was completed she refused to pay for the improvement, and the
      contractor filed a lien for nonpayment. This lien was most likely a:

              A. general lien
              B. Special lien
              C. Specific lien
              D. Voluntary lien

21. Judgment liens are:

              A. Specific liens
              B. Voluntary liens
              C. Statutory liens
              D. Equitable liens

22. When a company furnishes materials for the construction of a house and is
       subsequently not paid, it may file a(n):

              A. Deficiency judgment
              B. Lis pendens
              C. Estoppel certificate
              D. Mechanicís lien

23. Under which of the following types of liens can both the real property and the
       personal property of the debtor he sold to pay the debt?

             A. Real estate tax lien
             B. Mechanicís lien
             C. Judgment lien
             D. Assessment lien.

24. When a lien against a parcel of real estate may result from a lawsuit currently
       before the court, one examining the public records would look for:

             A. The chain of title
             B. A lis pendens
             C. A suit of quiet title
             D. A judgment lien

25. A mechanicís lien would be property classified as a(n):

             A. Equitable lien
             B. Voluntary lien
             C. General lien
             D. Statutory lien

Quiz #6 - Chapters 9 & 10
Answers

1. D 11. C 21. D 31..  41.  51.
2. B 12. A 22. D 32. 42.  52.
3. B 13. C 23. C 33. 43.  53.
4. C 14. C 24. B 34. 44.  54.
5. B 15. D 25. D 35. 45. 55.
6. B 16. B 26. 36 46. 56.
7. C 17. A 27. 37. 47. 57.
8. B 18. B 28. 38. 48. 58.
9. B 19. C 29. 39. 49. 59.
10. C 20. C 30. 40. 50.  60.
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