Chapters 3, 4, and 5 Questions

1. What is the difference between a warranty deed and a quitclaim deed?

2. Can you sell property and retain some of the rights?

3. What is title insurance?

4. Name five reasons you would have an involuntary deed.

5. What three powers does government exercise?

6. What is an externality?

7. When the Saudi government needs land to build a road, do they have to pay the owner?

8. What is the economic base?

9. If the Saudi employment in the finance sector is 10 percent and it is 20 percent in Riyadh, what is the local quotient?

10. Do convenience store cluster or disperse?

11. Do comparison stores cluster or disperse?

12. Name the four stages in the life cycle of cities.