Mip section 2 - Study guides, Class notes & Summaries

2023/2024 CALIFORNIA REAL ESTATE EXAM ACTUAL EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS WITH RATIONALES & CALCULATIONS /A+ GRADE An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - correct answers d. all of the above. These are elements of value. ...

NMLS SAFE EXAM 2024 QUESTIONS AND ANSWERS 100% PASS What does TILA stand for? - Correct Answer️️ -Truth-In-Lending Act, Regulation Z What is a HELOC loan? - Correct Answer️️ -a secured loan in that you are borrowing against the equity that has been built in your house What is a REFI loan? - Correct Answer️️ - LTV stands for - Correct Answer️️ -Loan to Value Define PMI and state what the acronym stands for. - Correct Answer️️ -Private mortgage insurance- on conventiona...

NMLS SAFE EXAM 2022 QUESTIONS WITH VERIFIED ANSWERS What does TILA stand for? - ANS Truth-In-Lending Act, Regulation Z What is a HELOC loan? - ANS a secured loan in that you are borrowing against the equity that has been built in your house What is a REFI loan? - ANS LTV stands for - ANS Loan to Value Define PMI and state what the acronym stands for. - ANS Private mortgage insurance- on conventional loans Define one time variable funding fee and people in what situatio...

Criminal Procedures BLEA Latest 2024 Graded A+ Bench Trial Judge is the trier of fact/law Federal Courts One judge per case U.S Court of appeals Three justices U.S Supreme Courts Nine justices per case State courts Municipal, District, Superior, Appeals, and Supreme Municipal court Misdemeanor/ civil District court County jurisdiction. Misdemeanor/ Gross misdemeanor Superior court Felony, civil, and juvenile Reasonable suspicion Articulable facts and circumstances that would lead a reaso...

What does TILA stand for? correct answers Truth-In-Lending Act, Regulation Z What is a HELOC loan? correct answers a secured loan in that you are borrowing against the equity that has been built in your house What is a REFI loan? correct answers LTV stands for correct answers Loan to Value Define PMI and state what the acronym stands for. correct answers Private mortgage insurance- on conventional loans Define one time variable funding fee and people in what situations is it waiv...

California Real Estate Exam Multiple Choice Questions and Answers An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - Answer- d. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NAR ...

Personnel Qualification Standards sets a minimum level of knowledge and skill that must be attained to qualify for a watchstation - correct answer True Who updates and maintains the PQS progress chart? - correct answer workcenter supervisor The PQS progress chart is reviewed by... on a ... basis - correct answer Division Officer; Weekly Which Section ...

BLEA 784 Crime Pro Mid-Term Questions and Answers 100% Pass What is the standard of proof an officer must have in order to make an arrest? Probable Cause To legally enter a home at any time, you must have one or more of the following 3? 1. Consent 2. Valid Search warrant 3. Exigency What is the definition of arrest? Taking Custody of another based on probable cause for the purpose of criminal charge in court. What are the 4 elements of arrest? 1. Authority 2. Intent 3. Understanding 4. Custod...

California-Real-Estate-Exam=Multiple Choice Questions with Solutions (Latest Update 2023) An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - correct answers d. all of the above. These are elements of value. Which of the following abbreviations is ...

An appraiser's definition of "Value" would be: a. present worth of all rights to future benefits arising out of ownership. b. the ability of one commodity to command other commodities in exchange. c. relationship between the thing desired and the potential purchaser. d. all of the above. - ANSWERd. all of the above. These are elements of value. Which of the following abbreviations is associated with the FHA? a. NAR b. CPM c. MIP/MMI d. MBA - ANSWERc. MIP/MMI MIP - Mortgage...