Deed in lieu - Study guides, Class notes & Summaries

Homeowner Dean owns the Northwestern 1/2 of the Northwestern 1/2 of the Northeastern 1/4 of the southwestern 1/4 of the south western 1/4 of section 31. how many acres is that property? A. 5 acres B. 10 acres C. 80 acres D. 2.5 acres 2 x 2 x 4 x 4 x 4= 256 640/256= 2.5 D. 2.5 acres Seller Gareth is certain there are no clouds on his property's title. What type of deed should he provide buyers to show his assurance of title? A. Special B. Quitclaim C. General warranty D. Perma...

A buyer and seller agree to prorate the cost of lawn maintenance, cleaning fees, and related services on a property. The cost prepaid by the seller is $450 for the month of June. The closing date is June 20, with the seller paying for the day of closing. How much does the buyer owe? B. 150$ The seller has into a the listing appointment the seller asks the broker not to disclosure the period treatment repair since they're know corrected the broker should B. Insist that the seller disclose the...

The department requires start up funds equal to ______ months operating expenses. (85018)(b)(1) - 3 months No other person than the _____ shall alter the prescription label. (80075)(k)(4) - dispensing pharmacist Medication shall be centrally stored when...(80075)(j) - 1. preservation of medication requires refrigeration 2. medication is determined by the physician to be hazardous if kept by the resident 3. administrator/licensing determines the medication to be a safety hazard due to phy...

When a deed in lieu of foreclosure is given to a lender, which of the following is true? - correct answer Time and cost are less B buys land from W using a deed of trust as security for the carryback. B makes all the payments except the final three and is now in default. W does nothing and decides not to foreclose until later. By doing this W is exercising his right of: - correct answer Forbearance A commercial building is sold in a foreclosure for $100,000 less than the balance due the le...

Barney Fletcher online course Questions And Answers Condominium ownership Individual fee ownership of portion of a building that has other similar units Consideration Something of value given in return for the act or promise of another,an essential element of a contract Constructive notice Recording of documents in the public records Cooperative ownership Ownership in which individuals have share in stock in corporation that has title to property Deed in lieu of foreclosure Voluntar...

A "COE" generally IS NOT available to - Dishonorably discharged persons A "COE" generally IS NOT available to: - Dishonorably discharged persons A "direct endorsement" lender has the authority to: - Perform underwriting of the loan on their own a $20,000 5-year loan with 5% simple interest will add how much to the loan each year - $1,000 A contract deed is also called a: - Land Contract A conventional rate and term refinance generally DOES NOT offer an opportunity to: - Take out cas...

ARKANSAS REAL ESTATE EXAM REVIEW QUESTIONS AND ANSWERS, RATED A+ Homeowner Dean owns the Northwestern 1/2 of the Northwestern 1/2 of the Northeastern 1/4 of the southwestern 1/4 of the south western 1/4 of section 31. how many acres is that property? A. 5 acres B. 10 acres C. 80 acres D. 2.5 acres - -2 x 2 x 4 x 4 x 4= 256 640/256= 2.5 D. 2.5 acres Seller Gareth is certain there are no clouds on his property's title. What type of deed should he provide buyers to show his assurance...

Washington State Real Estate Broker Exam with complete solutions Deed in lieu of foreclosure - Ans ️️ -Yin Lee is an owner of several properties as well as a relatively high profile individual. In order for Yin Lee to attempt to avoid a possible foreclosure from becoming a matter of public record by being recorded, Yin Lee would want to give the lender a: A real estate license - Ans ️️ -If a contractor intends to sell 10 properties in a calendar year, he/she will need Desire and ...

Real Estate - National Ownership Review Exam Guide 2024.A court orders Jerry to allow neighbor Loretta to drive across his property because it is the only way Loretta can reach her property from a public road. The easement created is an 1 - easement in gross. 2 - easement by prescription. 3 - easement by personal license. 4 - easement by necessity. - ANSWER 4 - easement by necessity. Where do the overall guidelines for zoning, building codes, and development requirements in a jurisdicti...