Due on demand clause - Study guides, Class notes & Summaries

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

Which of the following best explains the consistent growth of the federal bureaucracy over the past hundred years? (A) Increases in federal income tax since 1925 (B) The inability of Congress to cut programs (C) The success of Democratic presidents in promoting their policies (D) Public demand for, and expectation of, social services (E) United States Supreme Court rulings requiring Congress to assist those living in poverty - Answer- Public demand for, and expectation of, social services ...

H has suffered a covered disability away from her job and will shortly begin collecting benefits. The insurer sends a letter to H stating that she will not receive any benefit amounts greater than her income. This clause is known as: A: Over-insurance clause B: free look C: relation of earning to insurance D: relation of economic value - answer-C: relation of earning to insurance The insured should be aware of the issue date upon delivery a policy and the date should be listed on: A: the...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

Acceleration Clause correct answers Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienation Clause (Due on Sale Clause) correct answers Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC correct answers home valuation code of conduct Due on Demand Clause correct answers (Considered a predatory practice) The lender can demand...

NMLS Exam Questions with Correct Answers Acceleration Clause - Answer-Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienation Clause (Due on Sale Clause) - Answer-Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC - Answer-home valuation code of conduct Due on Demand Clause - Answer-(Considered a predatory practice) Th...

NMLS Exam Questions and Answers 100% Accurate NMLS Exam Questions and Answers 100% Accurate NMLS Exam Questions and Answers 100% Accurate NMLS Exam Questions and Answers 100% Accurate Acceleration Clause - ANSWER-Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienation Clause (Due on Sale Clause) - ANSWER-Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraise...

GA MLS Real Estate Practical Final Exam Latest Update with Verified Solutions "Assume and Agree" to Pay Assuming borrower defaults payment, the bank will go to assuming borrower for the payment If the bank cannot collect from the assuming borrower, they will go to the original borrower "Subject to" Existing Mortgage Assuming borrower will give/pay the seller equity upfront If assuming borrower fails payment, original borrower liable Acceleration Clause The clause un a mortgag...

Acceleration Clause - ANSWER Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienation Clause (Due on Sale Clause) - ANSWER Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC - ANSWER home valuation code of conduct Due on Demand Clause - ANSWER (Considered a predatory practice) The lender can demand repayment of the loan in ...

NMLS STUDY GUIDE QUESTIONS 2024. Acceleration Clause - correct answer Allows lenders to demand payment in full if the borrower defaults on the loan (can be construed as predatory lending) Alienation Clause (Due on Sale Clause) - correct answer Says you must repay your mortgage if you sell your home to a new owner (loan is not assumable) Appraiser Independance Requirements replaced HVCC - correct answer home valuation code of conduct Due on Demand Clause - correct answer (Considered a ...