Cluj Training - Property Characteristics - 01
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The 'Cluj Training - Property Characteristics - 01' quiz assesses knowledge on identifying and understanding various property characteristics. It covers parcel numbers, property names, land area, and building sizes, crucial for professionals in real estate and property management.
Questions and Answers
- 1.
Using the following address, find the property information from a primary source.6810 NW 16th Oklahoma City, OK 73172
- 2.
What is the legal description of the property?(Type out the first three lines exactly how they are formatted)
- 3.
What is the parcel number?(Enter exactly how it is formatted)
Explanation
The parcel number must be in the correct format as listed on the assessor page.Rate this question:
- 4.
Name of the property?(Pick one and type exactly how it is listed)
Explanation
The name of the property is "FOXCROFT APARTMENTS, THOMAS JOHN W TRS, THOMAS JOHN W 1999 TRUST, FOXCROFT".Rate this question:
- 5.
What is the land area?(Enter only the numeric value. Include two decimal points)
Explanation
The correct answer is 9.28 because the question asks for the land area and the given answer is a numeric value with two decimal points. Therefore, 9.28 is the specific measurement of the land area.Rate this question:
- 6.
What is the building size?(Enter only the numeric value. Include correct number formatting)
Explanation
If you put in the number without the proper formatted comma, please remember to do so next time.Rate this question:
- 7.
What is the building year built?(Enter the year only)
Explanation
The building was built in 1971.Rate this question:
- 8.
What is the number of buildings?(Enter numeric value only)
- 9.
In the Sales Document / Deed History, who is the Seller?(Enter exactly as it is listed)
Explanation
The seller is the Grantor who is granting the property to someone else. This is why you will find a signature on document for the grantor, because they are giving up their control of the property.Note: When entering buyers and sellers into the matrix system, the legal designation for legal names are left off (LLC, Inc., LP, GP, etc.). If this name were entered into the Matrix system, it would be put in as "Ambassdor Apartments". The "LLC" would be taken off.Rate this question:
- 10.
In the Sales Document / Deed History, who is the Buyer?(Enter exactly as it is listed)
Explanation
The buyer is the Grantee and is being granted the property from the seller. The most correct answer is THOMAS JOHN W TRS THOMAS JOHN W 1999 TRUST as the official name for the legal entityAlso it is important to note the other Non Sales Document / Deed History section for further information on transactions involving Grantor and Grantees.Rate this question:
- 11.
Copy and paste the URL of the property shark page that lists all the property information included in this quiz, excluding sales.
Quiz Review Timeline +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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Current Version
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Oct 04, 2023Quiz Edited by
ProProfs Editorial Team -
Apr 04, 2015Quiz Created by
Barbara Bray
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