Foreclosure by sale - Study guides, Class notes & Summaries
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Nc BLET State Exam Study Guide 2024 Verified Questions and Answers
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State the function and purpose of civil process. - Primary function: 1. Giving notice 2. preserving the status quo. 3. Providing remedies for parties. 4. Enforcing decisions of the courts. 
 
State the purpose of civil process - Civil actions, there is no arrest or issued citation. Non- criminal actions, there must be a way to notify the defendant that claims that have been alleged against them by the plaintiff and what the must do to respond. 
 
State how to access the North Carolina administra...
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Sample NYLE Questions and Answers Already Passed
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Sample NYLE Questions and Answers 
 
Already Passed 
 
A lawyer who is a member of a law firm organized as a professional service limited liability 
company is personally liable for professional malpractice committed by The lawyer herself 
and any person in the firm under her direct supervision and control. 
 
A release given to one of two or more tortfeasors liable for the same injury reduces the amount 
the injured party can recover from the non-settling tortfeasor by The greater of the amount...
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RECA Fundamentals of Mortgage Brokerage Exam Questions and Answers 2023-2024.
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RECA Fundamentals of Mortgage Brokerage Exam Questions and Answers 2023-2024. 
Fiduciary Representation - Trust and confidence 
- Best interests 
- Loyalty 
5 Ds of Role Clarity 1. Discuss 
2. Determine 
3. Document 
4. Disclose 
5. Do 
Must disclose in writing - the nature of services provided 
- whether professional has entered into representation relationship with other party 
- any conflicts of interest 
- any other facts that may influence consumers decision to proceed with relationship 
ma...
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NY REAL ESTATE EXAM -REVIEW QUESTIONS
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1-A broker legitimately may pay all or part of Real estate commission to a 
a. seller 
b. salesperson 
c. buyer 
d. friend who provides a listing lead - Answer- -B: Salesperson can accept compensation only from their sponsoring broker. 
 
2-The minimum age for a New York real estate broker's license is 
a. 19. 
b. 18. 
c. 20. 
d. 21. - Answer- C. As of July 1,2008 to become a broker you must be 20 years old. 
 
3-Which of the following acts would require a real estate license in New York 
a. Sa...
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Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A
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Champions Real Estate Finance Exam (2024/ 2025) 100% Correct Questions and Verified Answers| Grade A 
 
 
Q: The money that mortgage companies use to make loans come from the sale of ________, which is considered a business transaction, not a savings account deposit procedure. 
 
 
Answer: 
Bonds 
 
 
 
Q: Government entities regularly sell bonds to 
 
 
Answer: 
Fund major capital investments 
 
 
 
Q: Advantage of municipal bonds is 
 
 
Answer: 
That the interest paid to investors is not subj...
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Florida Real Estate Exam Questions With Solutions Latest Updated 2023-2024 Rated 100%
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Florida Real Estate Exam Questions With Solutions Latest Updated Rated 100%. In which form of co-ownership is a person's ownership inheritable? a. Joint tenancy 
b. Tenancy by the entirety 
c. Tenancy in common 
d. Tenancy in severalty 
c. Tenancy in common allows for a persons share to be inheritable, it does not automatically pass 
forth to the rest of the owners like in joint tenancy (this is called the right of survivorship). 
Florida Real Estate Exam Questions With 
Complete Solutions Lat...
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Bermuda Real Estate and Licensing Exam with Complete Solution Latest 2024/2025.
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Bermuda Real Estate and Licensing Exam with Complete Solution Latest 2024/2025. 
Defect/Cloud in the title - Ans Conflicting claims that prevent the absolute legal 
conveyance of CLEAR TITLE 
Period to Period is a type of leasehold that: - Ans Has no specific expiration but the 
length is specified (like a month to month lease) 
Net Lease - Ans lease in which the tenant pays some or all of the operating 
expenses of the property in addition to rent. Often commercial. 
Adverse Possession - Ans A ...
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Texas Promulgated Contracts-CHAMPIONS Exam 2022-2023.
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Texas Promulgated Contracts-CHAMPIONS STUDY 2022-2023. 
The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. 
 
(a) Default 
 
(b) Mutual consent 
 
(c) Property condition 
 
(d) Recording 
 
A(n) __________________ contract is defined as a contract that is binding on the parties, with one or more of the parties having contractual duties that have not yet been performed. 
 
(a) Executory 
 
(b) Executed 
 
(c) Bilatera...
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Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+
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Law of Contracts - CHAMPIONS TEST|Latest Update Graded A+ 
The TREC residential contract forms are: 
Drafted by the Broker Lawyer Committee 
 
 
Wrongful or criminal deception intended to result in financial or personal gain is called: 
fraud 
 
 
Under the Deceptive Trade Practices Act, __________ are defined as tangible chattels. 
goods 
 
 
If a seller will continue to occupy the property for one month after the closing, the buyer and seller should: 
Enter into a Seller's Temporary Residenti...
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RECA Residential Exam Questions and Answers 100% Pass
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RECA Residential Exam Questions and Answers 100% Pass Fiduciary Representation - Trust and confidence - Best interests - Loyalty 
5 Ds of Role Clarity 1. Discuss 2. Determine 3. Document 4. Disclose 5. Do 
Must disclose in writing - the nature of services provided - whether professional has entered into representation relationship with other party - any conflicts of interest - any other facts that may influence consumers decision to proceed with relationship 
made to clarify and provide proof of...
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Colorado Real Estate – Contracts Exam Questions and Answers 100% Pass
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Colorado Real Estate – Contracts Exam 
Questions and Answers 100% Pass 
vicarious liability - Correct Answer ️️ -a principal's liability for an agent's acts performed 
within the scope of the agency; specifically excluded by Colorado statute from a 
principal's liability unless the act or omission was approved, directed or ratified. (The 
employing broker is responsible to licensees actions) 
Sam is an associate broker who wishes to purchase investment property. What must 
Sam do when t...
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