Va form 21 22 - Study guides, Class notes & Summaries

Final Exam Study - Promulgated Forms(Law of contracts II)Solved 100% Correct!! 1. The effective date- who, what, and when? Between the buyer and the seller, The date on which the communication was made. The date of initialing and signing of the parties. The last party to initial/Sign fills in the day. 2. What is the legal proceedings brought by party to a contract against another party to compel action call forth in the agreement? Breach of a contract, one-party defaults, sues for specific...

Final Exam Study - Promulgated Forms(Law of contracts II)Solved 100% Correct!! 1. The effective date- who, what, and when? Between the buyer and the seller, The date on which the communication was made. The date of initialing and signing of the parties. The last party to initial/Sign fills in the day. 2. What is the legal proceedings brought by party to a contract against another party to compel action call forth in the agreement? Breach of a contract, one-party defaults, sues for specific...

1. A real estate licensee has a buyer agency agreement. What is the seller in this situation? A. a customer B. a client C. a fiduciary D. an agent - Answer A. There's an important distinction between client and customer. Unless there is a specific agreement to the contrary, licensees represent only one side in a transaction. In this case, it's the buyer who is the client and it's the licensee's obligation to negotiate a deal that's in that person's best interests, not the one th...

VSO Lesson 1-6 Exam Questions with complete solutions 2024( A+ GRADED 100% VERIFIED).

1. The effective date- who, what, and when? - Answer- Between the buyer and the seller, The date on which the communication was made. The date of initialing and signing of the parties. The last party to initial/Sign fills in the day. 2. What is the legal proceedings brought by party to a contract against another party to compel action call forth in the agreement? - Answer- Breach of a contract, one-party defaults, sues for specific performance, seek other relief - arbitration, mediation, inju...

1 CRCS CERTIFICATION EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ CMS Correct Answer: Centers for Medicare and Medicaid Services and also one of the HHS operating divisions OIG Correct Answer: Office of Inspector General in DHHS. Monitors compliance with reimbursement laws & regulations Title XVIII Correct Answer: Medicare Title XIX Correct Answer: Medicaid HIPAA Correct Answer: Health Insurance Portability and Accountability Act HHS 2 Correct Answer: D...

1 CRCS EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ HHS Correct Answer: Health and Human Services CMS Correct Answer: Centers for Medicare and Medicaid Services HHS Correct Answer: U.S. Department of Health and Human Services NIH Correct Answer: National Institutes of Health FDA Correct Answer: Food and Drug Administration ACL Correct Answer: Administration for Community Living; one of the HHS Operating Divisions. 2 QIO Correct Answer: Quality Improveme...

Real Estate Practice Exam Questions and Answers with Verified Solutions 1. Brokerage definition... the business practice of bringing together the parties in a practice. 2. What are two examples of special use property? schools and cemetary 3. What is an example of functional obsolescence? bathroom 4. Principal definition... a consumer of real estate services who has entered into an agency relationship with a broker or another licensee employed by a broker. 5. Capitalization definition... the...

1 FINAL EXAM (BOB BROOKS) EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ When must earnest money and/or deposits accepted by the broker be put into the escrow account? a. Earnest money does not have to be put into an escrow account. b. By the close of business of the next banking day c. Within 24 hours d. Within 48 hours Correct Answer: b. By the close of business of the next banking day In order to record a deed, it MUST be in writing and: a. signed by grante...

VA Form 21-22 - CORRECT ANSWER-In an order for a Service organization to represent a veteran, the Veteran must complete documentation bestowing power of attorney rights to the organization. This authorization is documented on VA Form 21-22 Appointment of Service Organization as Claimants (POA) What is a (VSO) Veterans Service Officer authorized to do for a claimants claim? - CORRECT ANSWER-A VSO is authorized to prepare, present, and prosecute a claimants claim and has the authority to...