Coins and medals - Study guides, Class notes & Summaries

Champions Real Estate Finance graded A+ already passed 2023Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers ...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

Champions Real Estate Finance Study Guide (Latest 2024/ 2025 Update) 100% Correct Questions and Verified Answers| Grade A Q: Supply and Demand an economic concept that states that the price of a good rises and falls depending on how many people want it and depending on how much of the good is available. Q: Funding Answer: The process of transferring funds to a title or escrow company for disbursement Q: The Safe Act Answer: Designed to enhance consumer protection ...

STATE FARM POLICY EXAM 2024 WITH 100% ACCURATE SOLUTIONS What are Special Limits of Liability? - correct answer These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - correct answer $200 property used or intended for use in a business, including merchandise held as samp...

What are Special Limits of Liability? - correct answer These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - correct answer $200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery after sale - correct answ...

OTL EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ List the five (5) elements of a contract. - Agreement Consideration Genuine Intentions Capacity to Contract Legality of Purpose Name the three (3) elements specific to insurance contracts. - Indemnity Insurable Interest Utmost Good Faith What are the three (3) ways Actual Cash Value (ACV) can be determined? - Cost to repair or replace less depreciation Fair market value Consideration of all relevant evidence of the value of the dama...

Champions Real Estate Finance Exam Questions with correct Answers 100% Verified 2024/2025 Loan-to-Value Ratio (LTV) - answerThe percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - answerIncludes both real and personal property ( fixtures and furnishings) Blanket Mortgage - answerCov...

State Farm Policy Question and answers 100% correct 2024/2025What are Special Limits of Liability? - correct answer These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - correct answer $200 property used or intended for use in a business, including merchandise held a...

State Farm Policy Exam Questions With 100% Correct Answers What are Special Limits of Liability? - answerThese limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - answer$200 property used or intended for use in a business, including merchandise held as samples or for sale or f...

What are Special Limits of Liability? - correct answer These limits do not increase the Coverage B limit. The special limit for each of the following categories is the total limit for each loss for all property in that category: money, coins and medals, including any of these that are a part of a collection, and bank notes; - correct answer $200 property used or intended for use in a business, including merchandise held as samples or for sale or for delivery after sale - correct answ...