Froggy Jumps Housing and Real Estate QuizVersión en línea Test your knowledge about housing and real estate with these 10 questions! por Nermine Rahmeni 1 What is the term for a loan taken out to purchase a property? a Lease b Mortgage c Rent 2 What is the legal document that defines the rights and responsibilities of a tenant and landlord called? a Mortgage Agreement b Title Deed c Lease Agreement 3 What is the process of selling a property through public auction called? a Foreclosure b Conveyancing c Appraisal 4 What is the term for a person who buys and rents out properties for profit? a Landlord b Tenant c Homeowner 5 What is the value of a property determined by a professional appraiser called? a Inspection b Listing c Appraisal 6 What is the term for the legal process of taking possession of a property due to non-payment of a mortgage? a Repossession b Foreclosure c Eviction 7 What is the term for a person who rents a property from a landlord? a Tenant b Landlord c Homeowner 8 What is the document that proves ownership of a property called? a Title Deed b Lease Agreement c Mortgage Agreement 9 What is the term for a person who owns a property? a Homeowner b Tenant c Landlord
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