Practice Quiz

Illinois Real Estate Exam

Category - Vocab

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A two- to-four family property:

  1. Consists of a structure that provides living space for two to four families and ownership is evidenced by two to four deeds
  2. Consists of a structure that provides living space for two to four families and ownership is evidenced by a single deed
  3. Is not a deeded property
  4. Is an illegal form of ownership
Explanation

Answer: B - A two-to-four family property consists of a structure that provides living space for two to four families and ownership is evidenced by a single deed.

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