Ca escrow final exam - Study guides, Class notes & Summaries

ESCROW FINAL REVIEW Exam Questions And Answers (Verified And Updated) 50 When a buyer assumes an existing loan, he or she signs: - answerB. an assumption agreement with the lender. 51 If the buyer fails to perform in meeting the obligations under the loan the lender will probably file a: - answerNotice of Default 52 A resident can be protected from judgment that become liens by the acknowledgment recording - answerDeclaration of homestead 53 Which of the following is a reference point in...

Real Estate Principles Final Exam Colibri Questions and Answers | 100% Pass Long Beach salesperson Eric Janey is providing sellers Julie and Zach Roberts with the necessary disclosures they must be given upon the sale of real property. Which of the following is NOT a disclosure that is given upon the sale of real property? - Answer-Mold Disclosure Required Lead-based Paint Disclosure Required Natural Hazards Disclosure Required Radon Detection Test Disclosure - NOT REQUIRED IN CA Escrow...

CA Real Estate Final Exam Questions with Correct Answers Balloon payment means: - Answer-all balances due at once If the A.P.R. is disclose: - Answer-No additional disclosures are required An easement can be canceled by signing a: - Answer-Quitclaim deed For income tax purposes improvements are - Answer-Added to the basis of the property. For income tax purposes improvements are - Answer-Added to the basis of the property Information concealment by an agent is - Answer-Misrepre...

CA Real Estate Practice Exam A seller is required to deliver the Homeowner's Guide to Earthquake Safety to the buyer of any one-to-four unit residential properties built prior to: A. 1952 B. 1960 C. 1960 D. 1975 - C. 1960 A Homeowners Guide to Earthquake Safety must be given to the buyer of any real property improved with a residential dwelling built prior to 1960 and consisting of one-to-four units, any of which are of conventional light-frame construction. When calculat...

CISA Exam 388 Questions with Verified Answers Which of the following controls will MOST effectively detect the presence of bursts of errors in network transmissions? a. Parity check b. Echo check c. Block sum check d. Cyclic redundancy check - CORRECT ANSWER d. Cyclic redundancy check Which of the following issues associated with a data center's closed circuit television (CCTV) surveillance cameras should be of MOST concern to an IS auditor? A. CCTV recordings are not regularly re...

NMLS Questions with accurate answers, 2022/2023 updates, Graded A. Document Content and Description Below NMLS Questions with accurate answers, 2022/2023 updates, Graded A. Acceleration Clause - Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed a s predatory lending) Alienation Clause (Due on Sale Clause) - Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVC...

FL Real Estate Exam Practice Questions Which statement is true regarding the use of the term REALTOR? All real estate licensees are REALTORS All REALTORS are members of the National Association of REALTORS (NAR) The terms real estate licensee and REALTOR may be used interchangeably The Florida DBPR authorizes the use of the term REALTOR - ANS All REALTORS are members of the National Association of REALTORS (NAR) The term follow up refers to...? - ANS what a sales assoc...

CISA Practice Exam 93 Questions with Verified Answers The objective of concurrency control in a database system is to: Select an answer: A. restrict updating of the database to authorized users. B. prevent integrity problems when two processes attempt to update the same data at the same time. C. prevent inadvertent or unauthorized disclosure of data in the database. D. ensure the accuracy, completeness and consistency of data. - CORRECT ANSWER B. prevent integrity problems when two proc...

Goldcoast School of Real Estate Final Exam Study Guide Involuntarily Inactive - Answer-When the licensee fails to complete the required continuing education and thereby cannot renew their license. Multiple Licenses - Answer-Under certain situations, licensees can have more than one license; A Multiple license can exist if a broker has business of such a nature that more than one broker's license is needed for legitimate business purposes and not be harmful to the public. A broker can h...

CISA Exam 388 Questions with Verified Answers Which of the following controls will MOST effectively detect the presence of bursts of errors in network transmissions? a. Parity check b. Echo check c. Block sum check d. Cyclic redundancy check - CORRECT ANSWER d. Cyclic redundancy check Which of the following issues associated with a data center's closed circuit television (CCTV) surveillance cameras should be of MOST concern to an IS auditor? A. CCTV recordings are not regularly revi...