VA Real Estate PSI Exam Questions and Answers (100% Pass)VA Real Estate PSI Exam Questions and Answers (100% Pass)
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Course
VA real estate
Institution
VA Real Estate
Abstract of Title
A history of the ownership of a parcel of land which lists transfers of title,
rights, and liabilities.
Accession
The idea that the owner of land is entitled to all that the soil produces
or all that is added to the land either intentionally or by mistake. Trade
fixture...
✓ Not on time; late in making payments or completing work. Interest is
paid in arrears.
Attestation
✓ The act of witnessing a person's signing of an instrument by a notary
public.
Attorney's Opinion of Title
✓ A statement issued by an attorney after analyzing an abstract as to
quality of title.
Avulsion
✓ Occurs in cases where there is a sudden loss of land through nature.
Balloon Payment
✓ The remaining balance, at maturity, on a loan that has not been
completely repaid through periodic payments. Once paid, the
outstanding balance is zero. Partially amortized loan.
Bargain and Sale Deed
Master01 | October, 2024/2025 | Latest update
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