Subordination clause - Study guides, Class notes & Summaries

ILTS ELEMENTARY EDUCATION ALL CONTENT COMBINED LATEST QUESTIONS WITH CORRECT ANSWERS (GRADED A+) Nouns - ANSWER- A person, place, thing, or idea Common Noun - ANSWER- The class or group of people, places, and things (not capitalized) Proper Nouns - ANSWER- The names of a specific person, place, or thing (capitalized) General Nouns - ANSWER- The names of conditions or ideas Specific Nouns - ANSWER- Names people, places, and things that are understood by using your senses Collective Nouns ...

Real Estate- Maine Learning Group Study Guide Test 2024. Equitable Right of Redemption - correct answer The right of a defaulted borrower to redeem the property after foreclosure proceedings have begun & before the foreclosure sale by paying off the loan balance, plus interest until the day of payoff & costs. Written Policy Manual - correct answer Identifies & describes the types of real estate brokerage relationships in which the broker & affiliated licenses may engage. (Maine requirement) ...

The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, CAG - Answer-Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilities Taxes 3. Ad Valorem Taxes 4. Luxury Rates - Answer-Special Assessments After Borrowers have indicated ...

Real Estate- Maine Learning Group Equitable Right of Redemption - correct answer The right of a defaulted borrower to redeem the property after foreclosure proceedings have begun & before the foreclosure sale by paying off the loan balance, plus interest until the day of payoff & costs. Written Policy Manual - correct answer Identifies & describes the types of real estate brokerage relationships in which the broker & affiliated licenses may engage. (Maine requirement) National Association...

Georgia licensee Greg and buyer Sandra's exclusive buyer agency agreement was set to expire on March 1. On Feb 10, Sandra signed a contract with a seller, but it fell through 10 days later due to a home inspection issue. What's the termination date of Greg and Sandra's buyer agency agreement? - Answer Greg and Sandra's buyer agency agreement is extended to accommodate the 10 days they were under contract, so the new expiration date is March 11. Mel, a Georgia real estate salesperson, re...

NJ REAL ESTATE PRACTICE EXAM 2024 100% correct!. Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilities Taxes 3. Ad Valorem Taxes 4. Luxury Rates - ANSWER Special Assessments The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, CAG - ANSWE...

After a trustee's sale, there is money left over after paying the beneficiary of the first trust deed. This money would go first to the: - Beneficiary of the second (the second in line to receive what they are owed) The owner of the property encumbered with a first and second trust deed wants to refinance the first trust deed. What should the second trust deed contain? - A subordination clause (a clause where the holder of a mortgage/trust deed permits an additional (NEW) lien to take ...

ILTS ELEMENTARY EDUCATION EXAM QUESTIONS WITH CORRECT ANSWERS | GRADED A+. Nouns - ANSWER- A person, place, thing, or idea Common Noun - ANSWER- The class or group of people, places, and things (not capitalized) Proper Nouns - ANSWER- The names of a specific person, place, or thing (capitalized) General Nouns - ANSWER- The names of conditions or ideas Specific Nouns - ANSWER- Names people, places, and things that are understood by using your senses Collective Nouns - ANSWER- The names fo...

Real Estate- Maine Learning GroupEquitable Right of Redemption - correct answer The right of a defaulted borrower to redeem the property after foreclosure proceedings have begun & before the foreclosure sale by paying off the loan balance, plus interest until the day of payoff & costs. Written Policy Manual - correct answer Identifies & describes the types of real estate brokerage relationships in which the broker & affiliated licenses may engage. (Maine requirement) National Association o...

National Real Estate Exam Prep Questions and Answers Graded A+ John, Maria and Mark are joint tenants. Mark dies. Maria sells her share to Jane. John and Jane are: a. Joint Tenants b. Tenants by Partition c. Sole Owners d. Tenants in Common d. tenants in common John owns lakefront property. He has been granted water rights to the lake. He has: a. Riparian Rights b. Appropriative Rights c. Littoral Rights d. Prior Appropriation c. littoral rights Mary's parents gave her ...