1. A homeowner is considering installing an underground swimming pool, which may cost many thousands of dollars to build. What concept should the homeowner consider? a. Change b. C... 1. A homeowner is considering installing an underground swimming pool, which may cost many thousands of dollars to build. What concept should the homeowner consider? a. Change b. Competition with the neighbors c. Conformity within the neighborhood d. Contribution 2. In August, a tenant signs a one-year lease in apartment complex and moves in. Rent payments are due on the 15th of each month. On December 12th, the apartment complex is sold to a new owner. On March 14th, the building burns. Which of these statements accurately describes the tenant's obligations? a. The tenant is not required to continue paying rent after March 14th because the premises have been destroyed. b. The tenant is not required to continue paying rent after December 12th because the sale voids the preexisting lease. c. The tenant is required to continue paying rent for the full lease term because a tenancy for years cannot be terminated by the destruction of the premises. d. The tenant is required to continue paying rent, but the residential lease is converted by law into ground lease. 3. Which of these is NOT an example of a physical characteristic of land? a. Uniqueness b. Immobility c. Indestructibility d. Situs 4. Why are deeds, liens and other claims recorded? a. To give actual notice. b. To give direct notice. c. To give constructive notice d. To give nominal notice. 5. What amount may the Commission charge for a criminal record search? a. $25 b. $30 c. $50 d. $100 Read more