Encumbering - Study guides, Class notes & Summaries

California Real Estate Exam Multiple Choice Questions with 100% Correct Answers 2023 An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - Correct Answer-d. all of the above. These are elements of value. Which of the following abbreviations is associa...

California Real Estate Exam Multiple Choice Questions An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - d. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NAR b. CPM c. M...

ALABAMA LIFE AND HEALTH INSURANCE EXAM COMPLETE QUESTIONS AND DETAILED ANSWERSALREADY GRADED A+ Will pay only the amount of insurance that Linwood's premiums would have purchased at his correct age - ANSWER -When Linwood died, it was discovered that he was actually six years older than he had claimed when applying for an insurance policy. As a result of this discovery, the insurance company Notify the insurance company - ANSWER -When a producer is made aware of an insured's ...

What does a 401(k) plan generally provide its participants? - Answer- Salary-deferral option When using the needs approach for life insurance planning, A lump sum on may be created to provide for all of the following EXCEPT - Answer- employee benefits What are premiums for a group credit life insurance based on? - Answer- Flat rate unrelated to the borrower's age Which of these must be disclosed in a universal life policy? - Answer- The policy's surrender charges What is the guaran...

What is normally the consequence for NOT obtaining preadmission certification prior to receiving inpatient medical care? - A reduction in benefits A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a - Risk retention group During the application process, a statement made by an applicant that becomes part of the contract is considered to be a(n) - Warranty What is taken into consideration when defining "total disability" i...

What is normally the consequence for NOT obtaining preadmission certification prior to receiving inpatient medical care? - A reduction in benefits A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a - Risk retention group During the application process, a statement made by an applicant that becomes part of the contract is considered to be a(n) - Warranty What is taken into consideration when defining "total disability" i...

Abandonment - Answers The failure to occupy and use property that may result in loss of rights Abatement of Nuisance - Answers Extinction or termination of a nuisance Abstract of Judgement - Answers A condensation of the essential provisions of a court judgement Abstract of Title - Answers A summary or digest of all transfers, conveyances, legal proceedings, and any other facts relied on as evidence of title, showing continuity of ownership, together with any other elements of record wh...

CA DRE Salesperson Exam with 100% Correct Answers 2023 What are the two types of freehold estates? - Correct Answer-1) an estate in fee (simple absolute) 2) a life estate. What is the most complete, largest type of estate that includes all rights associated with the estate? - Correct Answer-An estate in fee simple absolute What type of estate do you own if someone grants you real property for you to own only during your lifetime? When you die, the property reverts back to original estate...

2022 California Real Estate Exam Multiple Choice Questions & Answers (Test Bank) Document Content and Description Below 2022 California Real Estate Exam Multiple Choice Questions & Answers (Test Bank) An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - d. ...

An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - ANSWER-d. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NAR b. CPM c. MIP/MMI d. MBA - ANSWER-c. MIP/MMI MIP - Mortga...