Real Estate Management

1. Which of the following is not a Powers of freeholder?

a) Law of the land
b) Right of others.
c) Right of Way
2. Out of the following which statement is incorrect?
a) A lease is not revocable, but a license is revocable.
b) A lease is heritable while a license is not heritable.
c) A license or a lease comes to an end on the death of the licensee, or a lessee in case of lease

3. State True or False. A sublease can be granted only for a period which is less than the original lease
period.
a) True
b) False

1. As per National Housing Bank guidelines age limit for a reverse mortgage is
a) 55-65 Years
b) 60-70 Years
c) 65-75 Years

4. If the equity is a small proportion of the total capital involved and the greater part is money which has
been borrowed. This is referred as
a) High Gearing
b) Low Gearing
c) None of these

5. Which of the following factors don’t affect real property market

a) Government Polices
b) Lack of market information
c) Stock Market

6. Person who constructs or causes to be constructed a building on a plot of land for the purpose of transfer
of such building by sale, gift or otherwise to any other person or to a company is called as
a) Shareholder
b) Leaseholder
c) Promoter

7. The built up covered area measured at the floor level of any storey of a building is called as
a) Carpet Area
b) Super built up Area
 c) Plinth Area
8. “Non-encumbrances Certificate” and “Search Report” are issued by
a) Advocate
b) Architect
c) Owner
9. Builder X is constructing a project with 100 flats of 800 sq ft, 200 flats of 1200 sq ft and 400 flats of 1400
sq ft carpet area. The size of the plot is 5 acres. Based upon the above information only calculate the FSI
a) 1.0
b) 2.5
c) 4.0
10. A habitable room is defined by
a) Floor area not less then 6sq.m. and Width not less then 2.4 m.
b) Floor area not less then 5sq.m. and Width not less then 2.4 m.
c) Floor area not less then 6sq.m. and Width not less then 2.0 m.

11. How would you value Mr. ABC property on a plot area of 100 Sq. M with a permissible FSI of 1.25 and
total build up area of 300 Sq.M
a) No value shall be provided for the property as it is illegal.
b) Building is legal and can be valued at market price
c) Value only the part of property is legal

12. Money set apart periodically and deposited in a Bank or with a General Insurance Company so that the
money along with interest accumulated may be utilised for rebuilding the building is called as
a) Sinking Fund
b) Fixed Deposit
c) Insurance

13. The members of Ambani family while dividing the property among themselves may agree that no
member can sell out his portion without the consent of the other members. Under what method can a
family perform the action.
a) Self imposed easement
b) Easement by grant
c) Easement by prescription

14. General Right of Way may be limited to foot passengers to motor traffic, to carriers and wheeled traffic,
excluding cattle and other animals, to agriculture traffic, to men driving cattle and other animals, or to
traffic of some other particular nature. The user of the way may be limited in respect of its special
purposes or of the persons who are entitled to use it.
 a) This statement is partially correct
b) This statement is partially incorrect
c) This statement is fully correct
d) This statement is fully incorrect

15. Tenanted building not encumbered property. Although the old rent is always less than the prevailing fair
rent and the income from the property is less than the fair income and thus the value of the property will
be reduced.
a) This statement is partially correct
b) This statement is partially incorrect
c) This statement is fully incorrect
d) This statement is fully correct
16. In case the lessor fails to pay the local taxes for the leased property which he is supposed to pay under
the terms of lease document, the lessee can recover the same from the lessor.
a) This statement is partially correct
b) This statement is partially incorrect
c) This statement is fully incorrect
d) This statement is fully correct