1. The expanded portion of the concrete foundation is the:

A. footing        C. mud sill
B. sole plate        D. cripple

2. If from the ridgeboard, the highest point of the roof, a roof slopes downward in four directions, it is referred to as a:

A. flat roof                           C. hip roof
B. gable roof                        D. shingle roof

3. Which of the following is NOT one of the basic appraisal principles?

A. Progression                  C. Change
B. Regression                     D. Accession

4. Boards nailed across rafters, as a foundation for the roof covering, are called:

A. ridge boards           C. sheathing
B. girders                       D. flashing

5. A lot facing a turnaround portion of a dead-end street is called a(n):

A. interior lot                           C. flag lot
B. cul-de-sac lot                         D. corner lot

6. The least desirable lot, bordered on the side by the backs of lots that front on another street is a(n):

A. key lot                           C. corner lot
B. interior lot                       D. T-intersection lot

7. All of the following real estate terms are closely related except:

A. interior                          C. frontage
B. cul-de-sac                        D. T-intersection

8. Sloping members of a roof used to support the roof boards and shingles are:

A. eaves                        C. studs
B. headers                         D. rafters

9. A table that illustrates how the highest value is located in the front part of a lot is called a:

A. value table             C. percentage table
B. depth table             D. declining value table

10. “Front footage” is the:

A. depth of the property in the front                                 C. front 40% of the property
B. distance from the building to the street                         D. property width in the front along the street

11. The principle that states that the value of the best property in a neighborhood will be adversely affected downward by the value of many lesser properties is known as: (Pg. 315)

A. progression                           C. nonconformity
B. regression                             D. accession

12. A buyer will not pay more for a particular property if he can buy an equally desirable one for less, according to the principle of:

A. conformity                             C. substitution
B. contribution                             D. progression

13. How do owner-occupied homes affect a neighborhood?

A. lend economic stability                     C. artificially inflate prices
B. bring down values                             D. increase the possibility of turnover

14. Which of the following is NOT one of the four essential elements of value?

A. Demand                     C. Scarcity
B. Utility                        D. Cost

15. An increase in value of real estate due to NO effort on the part of the owner is a(n):

A. unearned increment      C. over improvement
B. skillful manipulation                D. rehabilitation

16. What do we call the wood lining on the lower portion of an interior wall with the upper portion wallpapered or covered with another material different from the lower portion?

A. R- Value                         C. Boardfoot
B. Wainscoting                         D. Turnkey

17. What do we call a series of changes brought about by a chain of events (causes and effects)?

A. An equilibrium                           C. A trend
B. A development                           D. None of the above

18. To obtain the “highest and best use” of a property, the appraiser would do a:

A. site analysis                                     C. regional analysis
B. neighborhood analysis                     D. conformity analysis

19. Which of the following is true concerning appraisals?  They are:

A. an opinion of value
B. for a specific property and as of a certain date
C. based on judgment and professional experience
D. all of the above

20. A  woman purchases an adjacent lot to the one she already owns.  This is known as:

A. contribution                          C. plottage
B. subdividing                             D. monopolizing