Unit 6 - Property Disclosure and Environmental Issues Page 1 of 31 What year is key with Lead Based Paint? 1968 1978 1979 1977 Page 2 of 31 At what point is Lead Based Paint dangerous? When it is freshly painted in 2022 When it is chipped or sanded When it is painted over When it is dried Page 3 of 31 Who must disclose in writing any known lead based paint hazards? The Buyer The Lessee The Lessor The Buyer's Agent Page 4 of 31 Who must disclose any known lead based paint hazards? The Buyer The Lessee The Grantee The Seller Page 5 of 31 Protect Your Family from Lead in Your Home pamphlet must be provided when? The buyer was born prior to 1978 The buyer is buying a home built prior to 1968 The buyer is buying a home built before 1978 The buyer is building a home prior to 1979 Page 6 of 31 Asbestos can be found in ________________________. Aluminum Siding Insulation Carpeting made before 1978 Asphalt Page 7 of 31 Asbestos can be found in all of the following that was manufactured in the past except? Flooring Insulation Ceiling Tiles Children's Stuffed Animals Page 8 of 31 What Pamphlet must a buyer receive regarding paint? Protecting your Family from Paint in Your Home Protecting your Family from Leaks in Your Home Protecting your Family from Insects in Your Home Protecting your Family from Lead in Your Home Page 9 of 31 Asbestos is only dangerous in a _________________ state. Liquid Odorless Friable Dangerous Page 10 of 31 Asbestos dust or crumbles taste like _______________________. Juicy Fruit Gum Old Carpet My sibling's old sneakers An old rubber mallet Page 11 of 31 Asbestos could be found commonly in ________________________. Vinyl siding on homes Older basement floor tiles Pink Panther insulation Basement concrete Page 12 of 31 The best course of action to help eliminate lead and asbestos dangers is to ____________________________. remove it with a scraper or shovel have the neighbor kids remove it have a remediation company come in and remove it all cover or encapsulate it Page 13 of 31 What is the total remaining commission due to the Listing Brokerage if: A) the sale price is $269,900, B) the listing agreement shows a 6% commission rate, C) the co-brokerage spit is 2.4% and the Agree Agent Split Rate for the Listing agent is 60%. $16,194.00 $6,477.60 $3,886.56 $9,716.40 Page 14 of 31 Randy is a _________________________ that enters your home. older cousin who passes gas older gentleman who someone that works for the EPA the oldest child of a family of five Page 15 of 31 An odorless and colorless gas that is known to be carcinogenic. Radium Randy Asbestos Radon Page 16 of 31 The natural break down of igneous rock and soil produces a ______________ that escapes into the home through cracks in the foundation. Radium Lead Asbestos gas Page 17 of 31 Remediation for Radon is recommended when radon levels exceed? 4 midi-chlorians per liter of air 4 picocuries per liter of air 4 pineapples per liter of pair 14 pCi/L Page 18 of 31 Radon Contingency is included in what state approved form? WB-1 Exclusive Right to Sell Listing Agreement WB-41 Amendment to the offer to purchase WB-11 Residential Offer to Purchase WB-45 Mutual Release / Cancellation Page 19 of 31 Who determines whether a flood plain exists or not? FTC SEC FDIC FEMA Page 20 of 31 The seller is obligated to disclose any ________________________ in the home they are selling. known or potential defects unknown defects defects found by the buyer's agent prior garage sales Page 21 of 31 The WRA has created a form to assist sellers in their disclosure requirement, it is called ____________________________________. Addendum A Addendum B Addendum O Real Estate Condition Report Page 22 of 31 The Real Estate Condition Report must be completed by the ______________________. seller or the home inspector seller and not the listing agent buyer and not the listing agent buyer and not the seller Page 23 of 31 In Wisconsin a home inspection is _________________________. optional for the buyer required by law completed by the seller approved by the VA Page 24 of 31 What is the total square footage of a lot that is 120 feet wide and 200 feet long? 24,000 25,000 24,500 18,000 Page 25 of 31 The appraisal process may look for specific issues with a home, but is not the same as a traditional ____________________________. FHA Appraisal Real Estate Condition Report Radon Test Home Inspection Page 26 of 31 Sex Offender Registry information may be found on all of the following except? WB-1 WB-11 WB-36 WB-46 Page 27 of 31 A licensee is not required to disclose that a property was the site of a specific act or occurrence, if the act or occurrence had no effect on the physical condition of the property or any structures located on the property. For Sale By Owner Standard Property Stigmatized Property Astigmatism Property Page 28 of 31 National Do Not Call Registry prohibits Licensees from calling ___________________________. those not on the registry those who are on the registry those who are on a gift registry a current client Page 29 of 31 If a number is on the Do Not Call Registry a licensee may call it if? The licensee is doing a survey They are not the licensee's cousin The licensee has an emergency The licensee sent them a gift Page 30 of 31 CAN-SPAM Act derives from? The Un-Controlled Assault on Solicited Pornography and Marketing Act The Controlling the Assault of Non-solicited Pornography and Marketing Act The Cars and Non-cars Speeding Past Aunt Mary Act The Federal Telephone Consumer Protection Act Page 31 of 31 What is the total commission due to the Listing Brokerage after the agent split if: A) the sale price is $269,900, B) the listing agreement shows a 6% commission rate, C) the co-brokerage spit is 2.4% and the Agree Agent Split Rate for the Listing agent is 60%. $16,194.00 $3,886.56 $6,477.60 $9,716.40 Please provide your contact information to proceed.Email Address *First NameLast NameConsent *Yes, I agree not to share any questions or answers from this quiz with any current or future students with SENSIBL Real Estate Academy. Additionally, I agree with the privacy policy and terms and conditions.Start Quiz
