Illinois notary - Study guides, Class notes & Summaries

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Modern Real Estate Practice in Illinois/ 132 Qs & Ans/ . Terms like: accrued item - Answer: on a closing statement, items of expense that are incurred but not yet payable, such as interest on a mortgage loan or taxed on real property. acknowledgement - Answer: a formal declaration made before a duly authorized officer, usually a notary public, by a person who has signed a document. actual eviction - Answer: the legal process that results in the tenants being physically removed from the l...

Illinois Notary Primer exam correct questions and answer 2024/2025

Modern Real Estate Practice in Illinois Already Graded A+ abstract of title the condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the abstractor that the history is complete and accurate. acceleration clause the clause in a mortgage or deed of trust that can be enforced to make the entire debt due immediately if the borrower defau...

Illinois Notary Public Handbook Latest Exam With Verified Answers 2024 Illinois - Correct Answer A state in the Midwestern region of the United States. Notary Public - Correct Answer An official authorized to perform certain legal formalities such as witnessing signatures and administering oaths. Handbook - Correct Answer A concise reference book providing specific information or instruction. Alexi Giannoulias - Correct Answer Secretary of State. Office of the Secreta...

ILLINOIS NOTARY PRIMER QUESTIONS AND ANSWERS 100% PASS Notary Bond - Correct Answer Provides coverage for damages to anyone who suffers financially from a Notary's action - intentional or not Reasonable Care - Correct Answer The degree of attentiveness that a person of normal intelligence and responsibility would exhibit. Uniform Real Property Electronic Recording Act - Correct Answer It's the electronic recording system for the filing of electronic real property document...

Illinois Notary Latest Exam Questions With Verified Answers 2024 • In Illinois what is the fee for Achnowledgment Oath or Affirmations with out signature Verification upon oath or affirmation(includes administration of the oath or affirmation All other Notarial Acts - Correct Answer No more the $1 for each signatureper oath or affirmation Do you need to witness the signature for an acknowledgment? - Correct Answer No, as long as the signer appears with the document befo...

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