Foreclosure by sale - Study guides, Class notes & Summaries
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30-HOUR PA FUNDAMENTALS COURSE EXAM PREP QUESTIONS AND CORRECT DETAILED ANSWERS A+ GRADED
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What is the loan balance called? - ANS the principal 
 
 
Charging interest in excess of this rate is called __________ or illegal interest. - ANS usury 
 
What is the total dollar amount of interest and points paid by a borrower at closing. - ANS prepaid interest 
 
What are a one-time fee paid at closing to increase the yield to the investor. - ANS points 
 
Points give the lender more money up-front so he will be encouraged to make a loan at a __________ interest rate. - ANS lo...
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Florida Real Estate STATE exam Questions and Answers 100% Pass
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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...
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RECA Fundamentals of Mortgage Brokerage 2023 Exam
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Which of the following is part of RECA's commitment to consumer protection? - AnswerWhat are some benefits that mortgage brokerage trade associations offer their 
members? - Answer- Licensing Standards for mortgage industry members 
Which entity has the authority to amend the Act? - Answer- Provincial Legislators 
Which of the following represents an accountability mechanism that RECA must comply 
with under the Act? - Answer- Previous Fiscal year 
In addition to mortgage brokerage trade associ...
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pearson vue practice exam Questions and answers, 100% Accurate, graded A+
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pearson vue practice exam Questions 
and answers, 100% Accurate, graded A+ 
In stating a seller's price and terms to a prospective buyer, the seller's broker is required by the law of 
agency to state ONLY those terms that are 
a. included in the listing agreement 
b. based on the brokers evaluation of prevailing prices and terms 
c. favorable for the seller, as determined by the broker 
d. attractive to buyers, as determined by the broker - -a. included in the listing agreement 
a lot measu...
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Texas Principles of Real Estate II (2024 / 2025) Exam | Questions and Verified Answers | 100% Correct
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Texas Principles of Real Estate II (2024 / 2025) Exam | Questions and Verified Answers | 100% Correct Q: According to value a. Police power b. Ad valorem c. Taxation d. Escheat e. Condemnation Answer: B Q: The government retains the following rights in lands, EXCEPT: a. Eminent domain b. Allodial c. Police Power d. Taxation Answer: B Q: If a landowner sues the government in order to force it to buy his or her land, this is called: a. Reverse condemnation b. Forward condemnation c. Inverse condem...
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MN Real Estate State Test Practice Questions with Verified Solutions
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MN Real Estate State Test Practice 
Questions with Verified Solutions 
 
Carmen was hired by the Navarreses to build a walk-in closet. She included a lien notice in the 
original contract. The Navarreses have provided final payment. What does Carmen need to do to 
remove the lien associated with this contract? Deliver a lien wavier to the Navarreses. 
 
Which of the following might qualify for reimbursement from the Minnesota Petroleum Tank 
Release Cleanup Fund (Petrofund)? Six years ago, Miles...
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Law of Contracts - Champions Test: Questions & Answers: Guaranteed A+ Score Guide
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The TREC residential contract forms are: 
 (Ans- Drafted by the Broker Lawyer Committee 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: 
(Ans- fraud 
 
Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. 
(Ans- goods 
 
If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: 
(Ans- Enter into a Seller's Temporary Residential Lease 
 
The Buyer and Seller Temp...
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Real Estate Salesperson California State Exam 2023 with complete solutions
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Which of the following is most vital or important in planning a subdivision: - ANSWER-Market Analysis 
 
When rent is computed on the gross sales of a business occupying real property, the lease is correctly termed: - ANSWER-Percentage Lease 
 
What is not an adequate method of transferring property? - ANSWER-Executive Sale 
 
What is considered personal property? - ANSWER-Existing Mortgage 
 
If an income property is valued at $100,000 based on an 8% capitalization rate, what would be the value...
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RFBT Contract of Sales Test Bank/268 Questions and Answers 100% Correct
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RFBT Contract of Sales Test Bank/268 Questions and Answers 100% Correct 
RFBT Contract of Sales Test Bank/268 Questions and Answers 100% Correct 
 
COVERAGE: Contract of sales 
Direction: Read and select the best answer for the following questions. 
 
1.	It is a contract whereby one of the contracting parties, known as the seller or vendor, obligates himself to transfer the ownership of and to deliver a determinate thing, and the other party, known as the buyer or vendee, obligates himself to pa...
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aceable principles II exam 2023 with 100% correct answers
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Mary dies, and in a handwritten will with no witness, gifts her house to her grandson. Mary has created what kind of will? 
 
a. testamentary 
b. holographic 
c. harmonious 
d. automatic - correct answer -b. holographic 
 
Sally and Jorge are a married couple who own a house together. The couple has one adult daughter, Emilia. When Jorge dies intestate, who receives the house? 
 
a. Sally receives the house 
b. Emilia receives the house 
c. Both Sally and Emilia receive one-half 
d. Sally receiv...
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