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TN Exam Prep Test 8 questions and answers | accurate and verified with rationales | updated 2024 | graded A+ | guaranteed pass $7.99   Add to cart
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TN Exam Prep Test 8 questions and answers | accurate and verified with rationales | updated 2024 | graded A+ | guaranteed pass
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  • Tennessee Real Estate Prep
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  • Tennessee Real Estate Prep

TN Exam Prep Test 8 questions and answers | accurate and verified with rationales | updated 2024 | graded A+ | guaranteed pass

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  • August 6, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Tennessee Real Estate Prep
  • Tennessee Real Estate Prep

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TN Exam Prep Test
Enter the letter for the matching Answer
1. Financing that uses mortgaged real A. equity of redemption
property as security for borrowed
funds B. Federal Deposit Insurance Corporate (FDIC)
2. Anticompetitive behavior - collusion, C. Duties owed to ALL parties
price fixing, bid rigging, exclusive
dealing, etc." D. Anti Trust laws
3. An amount of money allocated from a E. condominium estate
property's income to cover future
repair and maintenance costs. F. mortgage financing
4. A state whose laws give legal title of a G. origination fee
mortgaged property to the mortgagee
until the mortgagor satisfies the terms H. for land trust
and obligations of the loan.
I. estate
5. Deed in trust
6. Regulates practitioners, administer J. special assessment lien
real estate license laws. crewe and
K. determinable fee
enforce real estate taxation
7. A quasi-governmental agency that L. sublease
insures deposits of depository
institutions and otherwise develops M. title theory state
regulations for the banking industry.
N. Federal National Mortgage Association
8. A defeasible fee estate where title (Fannie Mae)
automatically reverts to the grantor if
usage conditions stated in the deed O. Bundle of Rights
are violated.
P. holographic will
9. Possess, Use, Transfer (ownership),
Encumber (Mortgage), Exclude Q. state agencies
(others use)
R. Secondary mortgage markets
10. A mortgagor's right to pay off a
defaulted mortgage and reclaim the S. devise
property, provided the redemption
occurs before the completion of the T. reserve allowance
foreclosure sale.
11. A transfer by a tenant of portions of
the rights and obligations of a lease to
another party, the sublessee. The
original tenant remains primarily liable
to the landlord for fulfilling lease
obligations.
12.

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