Tax Lien Investing Basics Quiz
Brian Petersen November 1, 2020
Your first quiz!
These quizzes are meant to test your understanding of some important points from the content of this module.
In order to pass this quiz and move onto the next Learning Module, you must score an 80% or better on this quiz.
Take it as many times as required to pass. Enjoy!
Time limit: 0
Quiz Summary
0 of 18 Questions completed
Questions:
Information
You have already completed the quiz before. Hence you can not start it again.
Quiz is loading…
You must sign in or sign up to start the quiz.
You must first complete the following:
Results
Quiz complete. Results are being recorded.
Results
0 of 18 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- Current
- Review
- Answered
- Correct
- Incorrect
- Question 1 of 18
1. Question
What is the state-mandated interest rate in Florida?
CorrectIncorrect - Question 2 of 18
2. Question
What is the state-mandated interest rate in Arizona?
CorrectIncorrect - Question 3 of 18
3. Question
Statistics show that the majority of tax lien certificates will be paid off eventually.
CorrectIncorrect - Question 4 of 18
4. Question
The majority of tax lien certificate investments result in property acquisition.
CorrectIncorrect - Question 5 of 18
5. Question
What is a tax lien?
CorrectIncorrect - Question 6 of 18
6. Question
What is a tax lien certificate?
CorrectIncorrect - Question 7 of 18
7. Question
What is the redemption period?
CorrectIncorrect - Question 8 of 18
8. Question
Tax lien certificates can be purchased on all property types.
CorrectIncorrect - Question 9 of 18
9. Question
When acquiring properties through tax lien certificates, an investor should expect to acquire beautiful single-family residential homes that require little work.
CorrectIncorrect - Question 10 of 18
10. Question
Tax lien certificate holders are required to interact directly with property owners to collect on property tax debt.
CorrectIncorrect - Question 11 of 18
11. Question
Tax lien certificates are typically sold in which of the following settings?
CorrectIncorrect - Question 12 of 18
12. Question
As interest accrues on a tax lien certificate, the county makes payments to the tax lien certificate holder.
CorrectIncorrect - Question 13 of 18
13. Question
In order to redeem a tax lien certificate, a property owner is required to pay which of the following (select all that apply):
CorrectIncorrect - Question 14 of 18
14. Question
Tax deeds generally require more money and investment experience to get involved.
CorrectIncorrect - Question 15 of 18
15. Question
How long do counties typically hold onto a tax lien before foreclosing and offering a tax deed for sale to investors?
CorrectIncorrect - Question 16 of 18
16. Question
The bidding for a tax deed begins at a price including which of the following (include all that apply):
CorrectIncorrect - Question 17 of 18
17. Question
A tax lien is superior to all other liens and encumbrances.
CorrectIncorrect - Question 18 of 18
18. Question
Redemption deeds are a hybrid of both tax liens and tax deeds.
CorrectIncorrect
Previous Article
Next Article
