Check your english vocabulary for


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tentacle.
5.
In Britain, a person who arranges for the sale of property is called an estate agent. What is the
American equivalent of this expression?
6.
True or false: the transferring of property from one person to another is called conversion
7.
When you buy a house, why is it important to get the title deeds and keep them safe?
8.
Imagine that you are buying a house with the help of a mortgage from the bank. The national
interest rate looks likely to rise rapidly over the next year or so. Should you consider getting a
fixed-rate mortgage or a variable-rate mortgage?
9.
If you take out a mortgage to buy a house, and you use the house as security, the mortgage-lender
might repossess (= take back) your house if you are unable to pay back the money. What is this
called? Is it:
(a) disclosure (b) exposure (c) foreclosure
10.
A married couple buy a house as joint tenants. Who actually owns the house? Is it:
(a) the husband (b) the wife (c) they both own it equally (d) it depends how much each
person paid towards the house.
11.
The new owner of a house discovers that there is a right of way in his garden. What does this
mean? 
(a) He can build another house in the garden if he wants.
(b) He must sell part of the garden after a fixed period of time.
(c) Other people can walk through his garden to get from one place to another.
(d) Farmers can let their cows and sheep use his garden.
12.
A woman is buying a house. She makes a price offer, which is accepted by the seller. She is then
gazumped. Would she be happy or unhappy about this?
13.
Choose the correct word in bold to complete this definition: a liability such as a mortgage or
charge which is often attached to a property or piece of land is called an enforcement /

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