Exam (elaborations)
TN Exam Prep Test 6 Verified and 100% Correct Q & A, Complete Document for Exam
- Course
- Institution
TN Exam Prep Test 6 Verified and 100% Correct Q & A, Complete Document for Exam
[Show more]
Content preview
TN Exam Prep TestEnter the letter for the matching Answer
1. TREC - A situation in which the A. negotiable instrument
licensee has agreements to provide
services as an agent to more than B. servient tenement
one party in a specific transaction
and in which the interests of the C. origination fee
parties are adverse.
D. adverse facts
2. A specific standard of construction
or maintenance of any aspect of an E. building code
improved property established by
local government officials. F. Duties owed to ALL parties
3. Limiting Services G. designated agent
4. A periodic charge payable by H. oral vs. written contracts
condominium owners for the
maintenance of the property's I. assessment
common elements.
J. encumbrance
5. The origination and termination point
in a metes and bounds legal K. net lease
description.
L. ethics
6. 1/4 of 1/4 always
7. A multi-use development project M. planned unit development (PUD)
requiring special zoning and
N. point of beginning (POB)
involving deed restrictions.
8. A lease which requires a tenant o O. Federal Home Loan Mortgage Corporation
pay rent as well as a share of the (Freddie Mac)
property's operating expenses to the
extent provided for in the lease P. living trust
contract.
Q. = 40 acres
9. A major secondary mortgage market
organization which buys R. present value
conventional, FHA, and VA loans
and sells mortgage backed S. Unbundling services
securities. T. dual agency
10. TREC - A licensee who has been
chosen by the licensee's managing
broker to serve as the agent of an
actual or prospective party to a
transaction, to the exclusion of other
licensees employed by or affiliated
with the broker.
11. The discounted value of an amount
of money to be received in the future
that accounts for the interest that
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ACTUALSTUDY. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now