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Are You Really Good at Real Estate Basics?

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1 square yard = _____sq. ft?

1.75

 

3.3

 

10.76

 

9

 

1 / 10

2. Carpet Area is the area enclosed within the walls, i.e the actual area to lay the carpet.

True

 

False

 

2 / 10

3. What is the full form of FSI?

Floor Space index

 

Flat Space Index

 

Field Space Index

 

Farm Space Index

 

3 / 10

4. Built-up Area Includes the carpet area, the wall thickness, balcony area until the inside walls.

False

 

True

 

4 / 10

5. What is the act of transferring the rights, title & ownership of a property from one person to the other?

Reluctance

 

Conveyance

 

Accordance

 

Dependence

 

5 / 10

1 Acre = _________ sq. yards?

4840

 

4048

 

43560

 

10000

 

6 / 10

7. Full form of NDA is?

No Downpayment agreement

 

Normal Downpayment agreement

 

Non-Decendence agreement

 

Non-Disclosure agreement

 

7 / 10

8. Freehold property is the unrestricted ownership of the whole real estate property.

True

 

False

 

8 / 10

In Benami Ownership, the title of the property is in one party’s name and the real ownership is in another party’s name.

False

 

True

 

9 / 10

10. What is full form of RERA?

Real Estate Regulatory Authority

 

Real Estate Rural Authority

 

Regulatory Estate Rural Authority

 

Real Estate Regular Assets

 

10 / 10

Real Estate Beginner

Okay, so you didn't do that great. That's okay; everyone starts somewhere! Hopefully from taking this quiz you have already learnt some valuable insights, meaning you already know more than most business owners when it comes to Real estate.

You Know More Than The Average Business Owner

Good on you! You're already ahead of the curve when it comes to Real Estate Knowledge.

Don't stop now! There are still some things you can work on.

Real Estate Expert

You're pretty much an expert when it comes to Real Estate Basics. Good for you, it's important to stay ahead of the curve so that you can continue to grow your business online.