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Question 9: A tax of $300 on an assessed value of $50,000 is indicative of a millage rate of A. 6.00. B. 0.30. C. 3.00.

Question 9: A tax of $300 on an assessed value of $50,000 is indicative of a millage rate of A. 6.00. B. 0.30. C. 3.00. D. 0.06. Question 10: "Zoning" by governmental entities is best described as A. limitations that regulate the maximum height of buildings. B. dividing a community into distinct geographic areas in which only certain land uses are allowed. C. taking private property for public use upon the payment of just compensation. D. requiring all buildings to have a minimum amount of floor area. Question 11: The primary difference between a special warranty deed and a general warranty deed is that in a A. general warranty deed, the promises made by the grantor only apply to events that occurred during the grantor's ownership of the property. B. general warranty deed, the promises made by the grantee only apply to events that occurred during the grantee's ownership of the property. C. special warranty deed, the promises made by the grantor only apply to events that occurred during the grantor's ownership of the property. D. special warranty deed, the promises made by the grantee only apply to events that occurred during the grantee's ownership of the property. Question 12: Suppose a title insurance company's search of a property's title reveals an encumbrance on that property in the public record. Will the insurance company be willing to provide a lender's title insurance policy for this property? A. No. The title company will not issue a policy in this situation. B. Yes, but the identified encumbrance will be excluded from coverage. C. No, but an attorney might be willing to provide a title opinion that ignores the encumbrance. D. No. The owner should obtain an owner's title policy instead.
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Qucstion 9 . A tax of $300 on an assessed value of 550,000 is indicative of a milluge nate of A. 600 1030 300 1006 Question 10: Zoning' by covernmental enteties is best described an A. limitations thot regulate the maximam heicht of buildings: dividine a coemmunity into distinct geographic areas in which only certan bend uves are allowed. takins private property for public use upon the puyment of fant compenuation D requirine alt buildings to huwe a minimum amount of floor area Question 11 . The primary difference between a soeclat warcanty decd and a senerat waranty deed is thot in a A Eeneral wairanty deed, the promises made by de grantor ondy abply to everts that occuered duricg the arantorisownership of the property. B. Eeneral warranty deed the promises made by the geantee only apply to events that ecciared durnc the grantee somership of the propenty C. special warranty deed, the promibes inade by the bantor only apoly to eveots that occurred duvieve the wantors ownership of the property. Qvetion 12. imurance policy for this properity? A. No. The bite company will not lisue a policy in this stiation 6. Yes, but the idernified encumbrance wis be ocluded from conerake. No, but an athorney might be willine to provide a tile opinion that i gnores the rikambrance Na. The owne should obtain an owisers tide policy instead

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