General lien - Study guides, Class notes & Summaries
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M100 	questions and answers 100% verified
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M100 	questions and answers 100% verified. 
 
 
 
 
 
 
 
 
 
 
 
 
 
Community Association - correct answer. Mandatory memberships, mutually binding contracts, lien-based assements 
 
Purpose of community association - correct answer. Provide for the community, business, and governance aspects of the association 
 
Basic types of community association - correct answer. Planned communities, condominium, and cooperatives 
 
Planned community - correct answer. HOA, owner association 
 
Con...
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NYREI School Exam Questions and Answers Latest Version Graded A+
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NYREI School Exam Questions and Answers Latest Version Graded A+ What is the minimum licensing requirement to sell commercial real estate in New York? a real estate salesperson's license 
What is the preferred method of creating an agency relationship? expressed agency 
An amenity purchaser occupies or uses the purchased property 
Condominium units are considered _____ property and are conveyed by _____. real / deed 
A salesperson who is an independent contractor is not subject to withholding r...
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Real Estate Principles Final Exam(2023 updated)correctly answered to pass
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Real Estate Principles Final Exam(2023 updated)correctly answered to passAnything that is fastened or attached to real property permanently is considered to be: - correct answer Real Property 
 
A quitclaim deed releases all present claims, rights and title of the: - correct answer Grantor 
 
When a creditor wants to satisfy a judgement which was levied against another person, the creditor would: - correct answer Obtain a writ of execution 
 
Before a mechanics lien is effective it must be: - co...
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Personal Lines Insurance Practice Exam Questions and Answers Latest 2024-2025 | 100% Correct.
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Personal Lines Insurance Practice Exam Questions and Answers Latest | 100% Correct. Bobby, age 16, borrows his parents' car without their permission and gets into an 
accident. Which of the following statements about coverage under the parents' 
personal auto policy is CORRECT? 
A) Bobby is covered by his parents' policy because he is included in the definition 
of named insured. 
B) Bobby is not covered for this accident because he used the car without 
permission. 
C) Bobby is not covered ...
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Michigan Builders License Exam Study Guide|2023 LATEST UPDATE|GUARANTEED SUCCESS
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What is the first offense penalty for engaging in the practice of residential building without a license? 
Not less than $5,000 and not more than $25,000 and/or one year in prison. Subsequent violations can extend the prison time to up to 2 years. 
 
 
 
What is the penalty for engaging in the practice of residential builders license, resulting in a death? 
Not less than $5,000 and not more than $25,000 and/or four years in prison 
 
 
 
On your individual builder's license application, what sh...
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers,100% CORRECT
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Commercial Real Estate SAE - Champion's School of Real Estate 495 Questions with Verified Answers 
 
Productivity Management - CORRECT ANSWER Measuring the results from the use of available systems and tools for prospecting activities 
 
CRM - CORRECT ANSWER Contact Relationship Manager, a tool used to automate prospecting tasks and manage leads 
 
Geographic farming - CORRECT ANSWER A particular area that may include neighborhoods that a sales agent or broker markets for the solicitation of bu...
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CISR COMMERCIAL PROPERTY INSURANCE QUESTIONS WITH 100 % CORRECT ANSWERS | VERIFIED
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eal property is - Answer-comprised of buildings, structures and fixtures that are tangible. Real property 
can be seen. 
Give examples of Real Property - Answer-Land is real property, but it is generally not the subject of 
insurance. 
Buildings are real property. They have walls and a roof. You can probably envision many types of 
buildings, ranging from a small one-story office to a skyscraper. 
Structures. A structure is any construction, including buildings. However, examples of structures t...
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FINC 3250: REAL ESTATE TEST 2 questions with correct answers
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Covenants, Conditions, and Restrictions (CC&Rs) CORRECT ANSWER rules set forth in the deed or in a document referenced by the deed that the owner agrees to adhere to if they purchase the property 
 
liens CORRECT ANSWER an interest in property gained by a creditor to secure a debt of some type 
 
mortgage lien CORRECT ANSWER filed by a lender to secure repayment of a loan 
 
voluntary to debtor CORRECT ANSWER is a mortgage lien voluntary or involuntary 
 
specific lien CORRECT ANSWER is a mortga...
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Real Estate Finance and Investments 15th Edition By Brueggeman - Test Bank
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CHAPTER 3 
Mortgage Loan Foundations: The Time Value of Money 
 
TRUE/FALSE 
 
1.	In order to solve a compounding problem, you must know all four of the variables in order to solve for the fifth variable. (T) 
 
2.	One way to calculate the present value of a single payment is with the following formula: PV = FV * (1+i)n. (F) 
 
3.	At 6%, the present value of a $1 payment in 12 months is .. At 7%, the present value of a $1 payment in 12 months is .. (F) 
 
4.	The future value of $800 deposited ...
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(AAERT TEST) LEGAL TERMINOLOGY correctly answered 2024/2025
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(AAERT TEST) LEGAL TERMINOLOGY 
landmark or benchmark decision 
particularly important holding or ruling that affects large segments of society, establishes important new legal principles, or changes established ones 
 
 
lay witness 
non-expert witness that cannot give opinions, only facts as they saw or experienced them 
 
 
 
lien 
legal right or claim on specific property which attaches to the property until the debt is satisfied 
 
 
limited jurisdiction 
a court may consider only certain m...
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