Bob Hogue Real Estate Questions &
ANSWERS SOLVED 100% CORRECT!!
Requirement @,that @,the @,infrastructure @,for @,sanitary @,sewers, @,potable @,water, @,and @,waste
@,treatment @,facilities @,be @,in @,place @,before @,new @,development @,is @,allowed @,is @,the @,- @,
(correct @,answer) @,-Concurrency @,Provision
The @,only @,active @,general @,partner @,in @,a @,real @,estate @,brokerage @,partnership @,has @,his
@,license @,suspended. @,All @,of @,the @,licenses @,of @,the @,sales @,associates @,in @,that @,brokerage @,are
@,- @,(correct @,answer) @,-placed @,in @,inactive @,status
Legal @,Title @,always @,passes @,from @,the @,seller @,to @,the @,buyer @,- @,(correct @,answer) @,-When
@,the @,deed @,is @,voluntarily @,delivered @,and @,voluntarily @,accepted
Which @,property @,is @,neither @,exempt @,not @,immune @,from @,ad @,valorem @,property @,tax? @,- @,
(correct @,answer) @,-Undeveloped @,Farmland
Description @,of @,A @,Check @,- @,(correct @,answer) @,-A @,square @,24 @,Miles @,on @,each @,side @,created
@,by @,intersecting @,guide @,meridians @,and @,correction @,lines @,containing @,16 @,townships
A @,listing @,to @,sell @,property @,and @,obtain @,a @,specified @,amount @,for @,the @,owner-principle @,is
@,called @,- @,(correct @,answer) @,-Net @,Listing
The @,key @,difference @,between @,police @,powers @,and @,eminent @,domain @,is @,whether @,- @,(correct
@,answer) @,-Any @,compensation @,was @,paid @,to @,an @,affected @,owner
For @,real @,property @,to @,be @,depreciated @,it @,must @,- @,(correct @,answer) @,-Have @,improvements
Special @,Assessments @,are @,- @,(correct @,answer) @,-used @,to @,help @,pay @,for @,some @,public
@,improvement @,that @,benefits @,the @,property.
Mortgage @,loan @,payments @,made @,in @,regular @,installments @,of @,interest @,only @,with @,the @,full
@,principal @,amount @,plus @,accrued @,interest @,paid @,at @,one @,time @,at @,the @,end @,of @,the @,loan
@,period @,describes @,- @,(correct @,answer) @,-A @,term @,mortgage
A @,type @,of @,deed @,that @,contains @,the @,words @,"remise @,and @,release" @,or @,similar @,words @,is
@,the @,- @,(correct @,answer) @,-Quitclaim @,Deed
, One @,mortgage @,clause @,NOT @,normally @,found @,in @,a @,VA @,or @,FHA @,mortgage @,is @,the @,- @,
(correct @,answer) @,-Prepayment @,Penalty @,clause
Who @,is @,required @,to @,obtain @,a @,Florida @,Mortgage @,Loan @,originators @,License? @,- @,(correct
@,answer) @,-An @,agent @,of @,a @,state-regulated @,mortgage @,lender @,who @,takes @,loan @,application
@,from @,consumers
Legal @,Description @,used @,only @,in @,developed @,subdivisions @,- @,(correct @,answer) @,-Lot @,and
@,Block
When @,measuring @,the @,square @,footage @,of @,a @,house @,an @,appraiser @,uses @,- @,(correct
@,answer) @,-Exterior @,dimensions
Recorded @,legal @,document @,that @,gives @,constructive @,notice @,that @,an @,action @,affects @,title @,to
@,a @,parcel @,of @,real @,property @,- @,(correct @,answer) @,-Lis @,Pendens
Lan @,value @,is @,obtained @,separately @,when @,using @,which @,approached @,to @,estimating @,value?
@,- @,(correct @,answer) @,-Cost @,Approach
Statement @,that @,is @,TRUE @,regarding @,PMI @,- @,(correct @,answer) @,-PMI @,is @,required @,on
@,conventional @,mortgage @,loans @,with @,a @,90% @,LTV
The @,purpose @,of @,a @,TRIM @,notice @,is @,to @,- @,(correct @,answer) @,-Inform @,property @,owners @,of
@,the @,tax @,bill @,they @,can @,expect @,in @,November
A @,borrower @,pledges @,real @,property @,as @,collateral @,for @,repayment @,of @,a @,loan @,without
@,surrendering @,possession @,of @,the @,property @,this @,process @,is @,called @,- @,(correct @,answer) @,-
hypothecation
A @,Recorded @,legal @,document @,that @,gives @,constructive @,notice @,that @,an @,action @,affects @,title
@,to @,a @,parcel @,of @,real @,property @,is @,called @,- @,(correct @,answer) @,-Lis @,Pendens
When @,mortgage @,interest @,paid @,in @,arrears @,on @,a @,loan @,assumptions @,prorated @,the @,amount
@,up @,to @,the @,day @,of @,closing @,is @,- @,(correct @,answer) @,-Debited @,to @,the @,seller; @,Credited @,to
@,the @,buyer
Fannie @,Mae @,DOES @,NOT @,- @,(correct @,answer) @,-Originate @,Federal @,Loans
The @,four @,Characteristics @,of @,real @,estate @,value @,- @,(correct @,answer) @,-DUST @,(Demand,
@,Utility, @,Scarcity, @,Transferability)
Economic @,Characteristics @,of @,real @,estate @,include @,- @,(correct @,answer) @,-SITUS
Mortgage @,ownership @,is @,transferred @,from @,one @,individual @,to @,another @,by @,executing @,- @,
(correct @,answer) @,-An @,Assignment @,of @,Mortgage
