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Exam (elaborations)

cosmetology EOPA Exam Study Guide with Complete Solutions

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cosmetology EOPA Exam Study Guide with Complete Solutions Air rights are: - Answer️️ -The rights to use and control space above a specific parcel of land (as defined on the surface) Blanket Mortgage - Answer️️ -mortgage loan covering more than one parcel of real estate Board of Equali...

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  • September 15, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • EOPA
  • EOPA
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cosmetology EOPA Exam Study Guide
with Complete Solutions


Air rights are: - Answer✔️✔️-The rights to use and control space above a specific parcel

of land (as defined on the surface)


Blanket Mortgage - Answer✔️✔️-mortgage loan covering more than one parcel of real

estate

Board of Equalization - Answer✔️✔️-The body of appeal if you think your property tax

appraisal is too high.

brokerage - Answer✔️✔️-The business of making sales and purchases for a commission;

a broker.

Budget Mortgage - Answer✔️✔️-A mortgage with payments that cover principal and

interest, plus taxes, fire insurance, lease rent. PITI

Brokerage Engagement - Answer✔️✔️-an agency relationship between broker and client,

which can be created only by written contract.

Brokerage Relationship - Answer✔️✔️-Under "BRRETA ," the brokerage relationship is

the relationship that is formed as a result of the parties entering into a brokerage

engagement.

Certificate of Reasonable Value (CRV) - Answer✔️✔️-A form indicating the appraised

value of a property being financed with a VA loan.



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