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Colibri School Exam Nj Latest Actual Exam 100 Questions And Correct Detailed Answers With Rationales $12.49   Add to cart

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Colibri School Exam Nj Latest Actual Exam 100 Questions And Correct Detailed Answers With Rationales

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Colibri School Exam Nj Latest Actual Exam 100 Questions And Correct Detailed Answers With Rationales Regulation Z requires the disclosure of which of following? A. Respa B. APR C. NAR D. CMA - Answer️️ -B. APR Two men own a parcel of land as joint tenants. One of them dies, and his wil...

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  • September 18, 2024
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  • 2024/2025
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  • 2024/2025
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EmillyCharlotte
TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024

Colibri School Exam Nj Latest 2024-2025
Actual Exam 100 Questions And Correct
Detailed Answers With Rationales

Regulation Z requires the disclosure of which of following?




A. Respa

B. APR

C. NAR

D. CMA - Answer✔️✔️-B. APR

Two men own a parcel of land as joint tenants. One of them dies, and his will stipulates

that his interest will pass to his wife and, upon her death, to hiss children. What type of

estate do the children have?



A. Estate in reversion

B. Estate in remainder

C. Life estate

D. No estate - Answer✔️✔️-D. no estate

Something of value offered by one part and accepted by another as inducement to

perform is called

,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
A. Acknowledgment

B. Boot

C. Conveyance

D. Consideration - Answer✔️✔️-D. Consideration

The unities of time, title, interest and possession are directly connected with



A. Tenancy in common

B. Remainder interest

C. Communalproperty

D. Joint tenancy - Answer✔️✔️-D. Joint tenancy

A sellers broker must transmit to her principal



A. Copies of all advertisements on the property

B. All offers that are reasonable

C. All written offers that are reasonable

D. All written offer - Answer✔️✔️-D. All written offers

If the owners of a property sell it themselves, even though they have an exclusive

agency listing with a broker, they owe the broker



A. The full commission

B. One-half the commission

,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
C. A commission that must be settled through arbitration

D. No commission - Answer✔️✔️-D. No commission

Which of the following does NOT hold a leasehold estate?



A. Tenant for years

B. Life tenant

C. Tenant at will

D. Tenant at sufferance - Answer✔️✔️-D. Tenant at sufferance

A loan used for temporary financing is a



A. VA loan

B. FHA 203(b) loan

C. Construction loan

D. Land contract - Answer✔️✔️-C. Construction loan

In a sale-leaseback agreement, the



A. Grantor becomes the landlord

B. Grantee becomes the tenant

C. Grantor becomes the lessee

D. Grantor becomes the assignee - Answer✔️✔️-C. Grantor becomes the lessee

, TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
A man and a woman are not married but own property together. The man dies in an

accident and the woman now owns the property in severalty. The man and the woman

must have held title in



A. Tenancy by the entirety

B. Tenancy in common

C. Life tenancy

D. Joint tenancy - Answer✔️✔️-D. Joint tenancy

When a lease provides that the lessee shall be responsible for all expenses, it is known

as



A. Gross lease

B. Percentage lease

C. Net lease

D. Index lease - Answer✔️✔️-C. Net lease

The lease that requires no advance notification to terminate it at the end of its term is

called



A. periodic tenancy

B. month to month

C. Estate for years

D. Year to year - Answer✔️✔️-C. Estate for years

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