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©BRIGHTSTARS EXAM SOLUTIONS 11/16/2024 10:16 AM 1 | P a g e MCTA Collector Exam Questions With Correct Answers Tax Taking Fees - answerPreparing Notice of Taking - $10 Posting Notice of Taking - $5 Preparing Inst. of Taking - $10 Recording Inst. of Taking - $105 Advertisment - Actual Cost Motor Vehicle Excise Values - answerPreceding Year of Manufacturing - 50% Year of Manufacturing - 90% 2nd Year - 60% 3rd Year - 40% 4th Year - 25% 5th Year - 10% Tax Bills Must Include - answer...

Topic Definition - A noun or noun phrase that encapsulates the subject matter of writing. -Examples: arteries, acid, alleles mammals or recycling How to identify purpose of the reading - Asking "What am I reading about?" And "What is important to know about it?" -Author will *include key details, or supporting details that systematically show and support the point the author is trying to make*. -Once topic is identified, you should be able to identify and rephrase key ideas/po...

How many baseline and meridian systems in CA? - ANSWER3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWERCA In the order in which they are to occur, the three steps of agency discosure are? - ANSWERdisclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? - ANSWERDemand, utility, scarcity, and transferability Collateralized loan - ANSW...

How many baseline and meridian systems in CA? 3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? CA In the order in which they are to occur, the three steps of agency discosure are? disclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? Demand, utility, scarcity, and transferability Collateralized loan A loan secured by...

DRE salesperson Exam Questions With Answers How many baseline and meridian systems in CA? - ANSWER- 3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - ANSWER- CA In the order in which they are to occur, the three steps of agency discosure are? - ANSWER- disclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? - ANSWER- Demand, utility, scar...

Customer A person who received limited brokerage services without establishing an agency relationship Agency A relationship between two parties Texas Real Estate License Act (TRELA) Makes it illegal to practice any act of real estate brokerage without a license. To protect the public from unscrupulous brokers and sales agents. Agent Acts for and on behalf of another person (the principal) The Principal Who must the agent always remain loyal (beneficial) to? The ...

These are my note for class 1 to 5

NMLS Vocabulary Question and answer rated A+Abusive Act Action that materially interferes with a consumer's ability to understand the product or service. Acceleration Clause (in a mortgage) Clause in a promissory note that gives a lender the right to declare the entire loan balance due immediately because of borrower default or for violation of other contract provisions Accrued expenses Items on a settlement statement for which the cost has been incurred, but the expense has no...

How many baseline and meridian systems in CA? - Answer- 3 A resident of Nebraska who owns property in CA dies while in Vermont. The probate procedures for this property are in? - Answer- CA In the order in which they are to occur, the three steps of agency discosure are? - Answer- disclose, elect, confirm The value of a residential property is best measured by which of the following groups of characteristics? - Answer- Demand, utility, scarcity, and transferability Collateralized loa...

The document is a summary of all the classes and lectures that were given during the course. It also includes summary of some of the papers that were discussed in class and at the end some example questions are included together with the answers.