UNIT 8-A INVESTMENTS, INCOME TAX AND ENVIRONMENTAL ISSUES. Exam Questions With Correct Answers
7 views 0 purchase
Course
INVESTMENTS, INCOME TAX AND ENVIRONMENTAL
Institution
INVESTMENTS, INCOME TAX AND ENVIRONMENTAL
UNIT 8-A INVESTMENTS, INCOME TAX
AND ENVIRONMENTAL ISSUES. Exam
Questions With Correct Answers
What must a property manager deliver to the tenant when renting a residential property that was
constructed prior to 1978?
A lead paint addendum attached to the lease
A copy of the federal Fair Hous...
A property is designated as being within a Superfund site, but the property receives water from wells
that are NOT contaminated. The broker must:
not disclose that it is within a Superfund site
make the disclosure but can provide information about the water
not make the disclosure because the broker represents the seller
refer the buyer to the Environmental Protection Agency - answer✔make the disclosure but can provide
information about the water
A broker selling a property that was built in 1952 must be sure that the buyer receives a notice
concerning:
radon
asbestos
formaldehyde
lead-based paint - answer✔lead-based paint
The Comprehensive Environmental Response Compensation and Liability Act (CERCLA) established:
a homeowner's responsibility to clean up polluted property
the Environmental Protection Agency
Superfunds to bear costs of cleaning up contaminated sites
state environmental standards - answer✔Superfunds to bear costs of cleaning up contaminated sites
A method used to treat asbestos is called:
ventilation
encapsulation
capping
evaporation - answer✔encapsulation
A brownfield that causes a loss in value to neighboring properties is an example of:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Thebright. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.