Sc psi - Study guides, Class notes & Summaries

What are the minimum requirements to become a licensed producer in SC? - ANSWER-At least 18, good moral character, clean SLED background, passed the LAH test, completed DOI license registration application sand paid the fee What documentation is requested by the SC Department of Insurance to process your application? - ANSWER-DOI application confirmation page including evidence of $25 fee paid, clean criminal background check, psi original exam score report with score of 70% or higher How ...

SC PSI Real Estate Exam Prep Questions and Answers (Rated A+ Solutions)

The regulations to enforce compliance of underground storage tank systems in the state are found in? a.) Code of Federal Regulations, 40 CFR Part 281 b.) California Code of Regulations, Title 23, Chapter 16 c.) Code of Federal Regulations, 40 CFR Part 280 d.) California Code of Regulations, Title 23, Chapter 17 - ANSWER-b.) California Code of Regulations; Title 23, Chapter 16 By definition an "underground storage tank system" includes a.) The tank, all connected piping and dispense...

SC PSI Real Estate Exam Prep Already Graded A Which of the following describes the term appreciation? An increase in the value of property When ownership of a mortgage is transferred from one company or individual to another, it is called: An assignment A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: Balloon mortgage The following reason accounts for why bridge loans are not used much anymore: More second mortgage lenders now will lend at ...

Which of the following describes the term appreciation? - Answer- An increase in the value of property When ownership of a mortgage is transferred from one company or individual to another, it is called: - Answer- An assignment A mortgage loan which requires the remaining balance be paid at a specific point in time is called a: - Answer- Balloon mortgage The following reason accounts for why bridge loans are not used much anymore: - Answer- More second mortgage lenders now will lend at ...

SC P&C PSI EXAM QUESTIONS WITH COMPLETE SOLUTIONS.

SC REAL ESTATE PSI EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+/ VERIFIED/ Agent AKA Proxy - -One engaged to respresent and be under the control of a principal Principal AKA Client - -One who contracts with another for represenation, advise and cousel in legal or business dealings with third parties. Third Party AKA customer - -The person(s) the agent is trying to do busines with while representing the client Common Law - -Created by judges Statues - -written State or Federal laws Ty...