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PSI National Real Estate Questions And Answers
PSI National Real Estate Questions And Answers
[Show more]PSI National Real Estate Questions And Answers
[Show more]On February 1, a seller paid $1,140 in annual property tax for the current 
calendar year. He sold the house with the closing set for April 1. What will be 
the seller's credit for the property taxes already paid if the buyer pays for the 
day of closing? Use a 360-day year and a 30-day month. 
...
Preview 3 out of 22 pages
Add to cartOn February 1, a seller paid $1,140 in annual property tax for the current 
calendar year. He sold the house with the closing set for April 1. What will be 
the seller's credit for the property taxes already paid if the buyer pays for the 
day of closing? Use a 360-day year and a 30-day month. 
...
When obtaining a conventional loan, the borrower must give the lender a 
 ~ mortgage and promissory note 
A mortgage that is subordinate to another mortgage is called a 
 ~ second mortgage 
A clause in a loan which calls for immediate payment of the entire balance if the 
borrower gets behind on his...
Preview 4 out of 119 pages
Add to cartWhen obtaining a conventional loan, the borrower must give the lender a 
 ~ mortgage and promissory note 
A mortgage that is subordinate to another mortgage is called a 
 ~ second mortgage 
A clause in a loan which calls for immediate payment of the entire balance if the 
borrower gets behind on his...
1. All of the following losses are general exclusions under a dwelling policy 
excepta. Neglectb. Debris removalc. Nuclear hazardd. Off premises power 
failure 
 ~ debris removal (included) 
all of the following are subject to false advertising regulations except 
gift, illustrations, circulars, s...
Preview 4 out of 71 pages
Add to cart1. All of the following losses are general exclusions under a dwelling policy 
excepta. Neglectb. Debris removalc. Nuclear hazardd. Off premises power 
failure 
 ~ debris removal (included) 
all of the following are subject to false advertising regulations except 
gift, illustrations, circulars, s...
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