Ad banker exam - Study guides, Class notes & Summaries

Property Certification Exam AD Banker Questions and Answers 100% Solved For insurance purposes, an unfurnished beach house in which no one lives is considered: 1.Empty 2.Vacant 3.Unused 4.Unoccupied - Vacant Which peril is covered under the DP-1? 1.Freezing 2.Weight of ice, snow, or sleet 3.Falling objects 4.Lightning - Lightning An insured and insurer will utilize which of the following when they are unable to agree on the amount of a property claim to be paid? 1.Appraisal 2.Ass...

A producer who is acting as an agent is representing: A The insured, the applicant and the beneficiary B Always the insured C The insured and the insurer D Always the insurer -Answers- D In order to be valid, a contract must be between individuals considered legally able to enter into an agreement. This principle is known as: A Restricted persons B Considerations C Competent parties D Agreement -Answers- C A company that is licensed to sell insurance in a pa...

5 months - ANSWERSThe waiting period from the start of a disability to be eligible to apply for Social Security disability is: Nonoccupational Basis - ANSWERSMost group Disability Income contracts are offered on a(n): Dental expense insurance deductibles are normally waived for all of the following, except: - ANSWERSRoutinely paying premiums on time and in full Which of the following documents used for underwriting can be completed by talking to the proposed insured over the phone? A...

PSI PA REAL ESTATE EXAM STUDY GUIDE SOLUTUIONS Severance - ANSWER-the performance of turning real property into personal property What is the main difference between tendency in common and joint tendency is that with tendency in common, when a co-owner dies? - ANSWER-the undivided interest passes to his heirs A tenant rented an apartment signing a 15 month lease. After the lease expired, the tenant paid 1 month's rent and got a receipt. What kind of leasehold does this tenant have? - AN...

PSI NATIONAL REAL ESTATE EXAM 2024 EXAM QUESTIONS WITH 100% ACCURATE ANSWERS || ALREADY GRADED A+ || NEWEST VERSION!!! According to the Truth-in-Lending Act, if any "trigger terms" are used in an ad, all of the following disclosures MUST appear in the ad EXCEPT the 1. cash price or amount of the loan. 2. amount of down payment required. 3. number, amount, and frequency of payments. 4. prepayment penalties and rebates. - ANSWER 4 A contract for the sale of a home has been signe...