Bob brooks exam - Study guides, Class notes & Summaries

FINAL EXAM (Bob Brooks) 2024 Actual Questions and Answers Solved 100% 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 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 grantee b. recite the actual purchase price c...

FINAL EXAM (Bob Brooks) WITH 100% CORRECT ANSWERS 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 - answerb. 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 grantee b. recite the actual purchase price c. acknowledged d...

Finance Bob Brooks Section 3 Exam Questions And Accurate Answers...

FINAL EXAM (Bob Brooks)| 100 Questions and AnswersWhen 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 - 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 grantee b. recite the actual purchase price c. acknowledg...

FINAL EXAM (Bob Brooks) Questions and Answers 100% Pass 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 - 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 grantee b. recite the actual purchase price c. acknowl...

FINAL EXAM (Bob Brooks) Questions and Answers 100% Pass 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 - 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 grantee b. recite the actual purchase price c. acknowl...

Finance - Review Exam (Bob Brooks) Questions and Answers Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. - Answer- b. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. - Answer- a. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to protect ...

Finance - Review Exam (Bob Brooks) Questions and Answers Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. - Answer- b. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. - Answer- a. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to protect ...

Finance - Review Exam (Bob Brooks) Questions and Answers Discount Points are figured on the: a. Selling Price b. Loan Balance c. Salary of buyer d. None of the above. - Answer- b. Loan Balance Which of the following is shown on an estoppel certificate? a. Unpaid balance and interest rate on mortgage. b. Time of foreclosure c. Novation of the seller. d. Any defects in the title. - Answer- a. Unpaid balance and interest rate on mortgage. Insurance on an FHA loan is designed to protect ...

Contracts - Review Exam (Bob Brooks) With complete solutions 2024 A valid contract which CANNOT be enforced by legal action is: a. Voidable b. Unenforceable c. A novation d. Under duress - answerb. Unenforceable An option on real estate is: a. A deposit b. A consideration c. A contract d. An endorsement - answerc. A contract A person given the right to sign or execute a contract on behalf of another is: a. Administrator b. Executor c. Escrow agent d. Attorney-in-Fact - answerd. A...