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well pm. Multiple Choice Questions: (50 points, 5 Points per question) 1. Which of the following characteristics influence the value of real estate? a. Location b. Size c. Scope of conveyed rights d. All of the above 2. In which way does the real estate market not diverge from the perfect market? a. Perfect information b. Homogenous goods c. Big number of (potential) buyers and sellers d. No transaction costs 3. Who has to sign a deed? a. the grantee b. the grantor c. A judge d. All of the above 4. Once general liens such as property tax, assessment, and CDD liens have been addressed in the case of default, the priority sequence for processing the remaining liens on the property is determined by the: a. relative size of the liens in dollar terms. b. relative reputation of the entity that established the lien. c. relative complexity of the structure of the lien. d. relative timing of the establishment of the lien